median 1,590 €/m² for comparable properties
Rent covers ~ 119% of the payment
~ 501 €/mo rent · pays for itself in ~ 16 yrs
AT MARKET LEVEL
fairly priced
against the median for 2-room apartments in Kaisieva Gradina (192 properties)
Fair investment rating
The rent covers 109% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 17 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 at the typical price (the median) for 2-room apartments in Kaisieva Gradina (192 properties) — 1,669 €/m² against 1,590 €/m².
Two-room apartment with an area of 62 sq m, located in Varna city, Kaisieva Gradina district, on Treti Mart Blvd. The property is on the sixth floor of a new brick building under construction with 10 floors and two elevators.
The layout includes a living room with kitchenette (20 sq m), bedroom (12 sq m), shared terrace (6 sq m), corridor, and a large bathroom with toilet. The aspect is entirely south-facing, providing good natural light.
The building is at Act 14 stage, with expected Act 16 by the end of 2026, construction is brick, and the apartment is finished to BDS standard with PVC windows and electric heating.
The location is convenient, close to kindergartens, school, supermarkets, and medical centers, and the building will have a restaurant and retail units.
The property is suitable for people seeking a new home with functional layout and south aspect in an urban environment with good infrastructure.
With 20% down over 20 years the monthly mortgage payment is about 459 €, against an expected local rent of 501 €. The rent covers the whole payment (109%).
Source: Market statistics for 2-room apartments in Kaisieva Gradina
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 1,660 €/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