median 1,590 €/m² for comparable properties
Rent covers ~ 119% of the payment
~ 501 €/mo rent · pays for itself in ~ 16 yrs
~54,000 € ABOVE MARKET
overpriced
against the median for 2-room apartments in Kaisieva Gradina (192 properties)
Fair investment rating
The rent covers 84% of the payment — you top up about 98 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 22 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.
This apartment is priced about 54,000 € above the typical price (the median) for 2-room apartments in Kaisieva Gradina (192 properties) — 2,647 €/m² against 1,590 €/m².
Two-room apartment in the city of Varna, Kaisieva gradina district, located on the second floor of a six-storey brick building.
The property includes an entrance hall, living area with kitchen section, bedroom and terrace, providing a functional layout and convenience.
The building was constructed in 2021 with quality materials, equipped with an elevator, video surveillance and access control, and the apartment is renovated and ready to move in.
The location offers good infrastructure with proximity to public transport, schools, kindergartens and commercial facilities, as well as parking opportunities.
The property is suitable for personal use or investment, combining convenience and functionality in an urban environment.
With 20% down over 20 years the monthly mortgage payment is about 599 €, against an expected local rent of 501 €. The rent covers 84% of it.
Source: Market statistics for 2-room apartments in Kaisieva Gradina
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
The exact address hasn't been published by the seller — the map shows the neighbourhood.
median 1,590 €/m² for comparable properties
Rent covers ~ 119% of the payment
~ 501 €/mo rent · pays for itself in ~ 16 yrs
median 1,590 €/m² for comparable properties
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median 1,590 €/m² for comparable properties
Rent covers ~ 117% of the payment
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