median 1,590 €/m² for comparable properties
Rent covers ~ 119% of the payment
~ 501 €/mo rent · pays for itself in ~ 16 yrs
~21,500 € ABOVE MARKET
overpriced
against the median for 2-room apartments in Kaisieva Gradina (192 properties)
Fair investment rating
The rent covers 97% of the payment — you top up about 18 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 19 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 21,500 € above the typical price (the median) for 2-room apartments in Kaisieva Gradina (192 properties) — 1,950 €/m² against 1,590 €/m².
2-room apartment in the district of Kaisieva Gradina, Varna. It is located on the 3rd floor of an eight-storey prefab panel building with an elevator.
The property includes a corridor, a combined bathroom and toilet, kitchen, living room and bedroom with access to a large glazed terrace. The area of 60 sq m is without common parts.
The building was constructed in 1980, with prefab panel structure and has central hot water. The apartment also has a basement storage room.
The location offers convenient access to public transport, school, kindergarten and shops nearby.
It is suitable both for living and for renting out, combining functionality and convenience in an urban environment.
With 20% down over 20 years the monthly mortgage payment is about 519 €, against an expected local rent of 501 €. The rent covers 97% of it.
This property is advertised in 7 offers from 6 different sellers. The gap between the cheapest and the dearest is 4,000 €. It has been listed for 61 days.
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.
Which price is the real one, and who am I negotiating with?
Because: The property appears in 7 listings, and the prices differ by about 3%.
Has the block been insulated under the renovation programme, and is there paperwork for it?
Because: Prefabricated panel construction.
Have the risers been replaced, and when was the roof last repaired?
Because: The building dates from 1980 — about 46 years old.
Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.
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 1,660 €/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