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)
Good investment rating
The rent covers 113% 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) — 1,562 €/m² against 1,590 €/m².
2-room apartment in Varna city, Kaisieva Gradina district. It is located on the 9th floor of 10 in a brick building.
The layout includes an entrance hall, bathroom with toilet, spacious living area with kitchen section and access to a panoramic terrace, as well as a large and sunny bedroom.
The building is new-build, with an elevator and parking, and the apartment is offered unfinished according to BDS standards, allowing completion according to the buyer's preference.
The location is convenient with quick access to main roads, schools, kindergartens, shops and other urban amenities.
The property is suitable for people looking for a functional home with a good location and the possibility to personalise the finishing works.
With 20% down over 20 years the monthly mortgage payment is about 444 €, against an expected local rent of 501 €. The rent covers the whole payment (113%).
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