At market level
median 1,590 €/m² for comparable properties
103,500 € 1,669 €/m²
Rent covers ~ 109% of the payment
~ 501 €/mo rent · pays for itself in ~ 17 yrs
Sale155,000 €2,384 €/m²
Expected rent501 € /mo
~51,500 € ABOVE MARKET
overpriced
against the median for 2-room apartments in Kaisieva Gradina (194 properties)
Area
65 m²
Floor
9 / 9
Construction
Brick
Year
2024
Yield analysis
Low investment rating
Monthly payment688 €20% down payment · 20 yrs · 3%
Expected rent501 €at market conditions for the neighbourhood
The rent covers 73% of the payment — you top up about 187 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 26 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.
Property analysis
This apartment is priced about 51,500 € above the typical price (the median) for 2-room apartments in Kaisieva Gradina (194 properties) — 2,384 €/m² against 1,590 €/m².
Two-room apartment in Varna city, Kaisieva Gradina district, located on the top floor of a new building from 2024 with an elevator and controlled access.
The layout includes a living room with kitchen area, bedroom, bathroom with toilet, and a terrace with a view, providing functional and convenient use of space.
The building is brick, with luxury common areas and new-build construction, equipped with two air conditioners and the option for a garage and parking space.
The location is quiet and peaceful, about 300 meters from a main boulevard with easy access to public transport, shops, and educational institutions.
The property is suitable for people seeking comfort and security in a gated complex with convenient urban infrastructure.
With 20% down over 20 years the monthly mortgage payment is about 688 €, against an expected local rent of 501 €. The rent covers 73% of it.
Source: Market statistics for 2-room apartments in Kaisieva Gradina
Pros and cons
AI summaryPros
- new-build
- French windows
- terrace with view
- garage and parking space
Cons
- top floor
Questions for the viewing
Only on imotesaDerived from this specific property's data — not a generic checklist. Take them with you.
What feedback have previous viewers given?
Because: We have been tracking this listing for about 180 days.
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.
Layout
- living area
- bedroom
Amenities
- Elevator
- With Parking
- Access Control
- Renovated
- Gated Community
- Tax Credit Option
Details
- Category
- Residential
- Rooms
- 2
- Bathrooms
- 1
- Furnishing
- Yes
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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