median 1,590 €/m² for comparable properties
Rent covers ~ 119% of the payment
~ 501 €/mo rent · pays for itself in ~ 16 yrs
Fair investment rating
The rent covers 105% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 18 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 36% above the typical price (the median) for comparable properties — 2,156 €/m² against 1,590 €/m².
The offered property is a two-room apartment in Varna city, Kaisieva Gradina district. It features a functional layout, including an entrance hall, living room with kitchenette, bedroom, bathroom with toilet, and a terrace overlooking Varna Lake. The building is a new-build from 2024, constructed with brick materials and equipped with an elevator and controlled access. The property is part of a gated complex with maintained common areas and the possibility of a parking space. The location offers convenient access to urban infrastructure and a quiet environment. The apartment is suitable both for living and investment, combining comfort and functionality.
With 20% down over 20 years the monthly mortgage payment is about 478 €, against an expected local rent of 501 €. The rent covers the whole payment (105%).
The asking price has fallen by 1,200 € (1.1%) since it was first listed.
Source: Market statistics for 2-room apartments in Kaisieva Gradina
Derived from this specific property's data — not a generic checklist. Take them with you.
Is there still room to negotiate?
Because: The price has been cut once, by about 1%.
What condition is the roof in, and does it overheat in summer?
Because: The property is on the top floor.
Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.
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
Rent covers ~ 110% of the payment
~ 501 €/mo rent · pays for itself in ~ 17 yrs
median 1,664 €/m² for comparable properties
Rent covers ~ 196% of the payment
~ 522 €/mo rent · pays for itself in ~ 10 yrs
median 1,590 €/m² for comparable properties
Rent covers ~ 117% of the payment
~ 501 €/mo rent · pays for itself in ~ 16 yrs
median 1,647 €/m² for comparable properties
Rent covers ~ 74% of the payment
~ 522 €/mo rent · you top up ~ 187 €/mo
median 1,495 €/m² for comparable properties
Rent covers ~ 113% of the payment
~ 587 €/mo rent · pays for itself in ~ 17 yrs
median 1,590 €/m² for comparable properties
Rent covers ~ 100% of the payment
~ 501 €/mo rent · pays for itself in ~ 19 yrs
median 1,590 €/m² for comparable properties
Rent covers ~ 125% of the payment
~ 501 €/mo rent · pays for itself in ~ 15 yrs