median 1,590 €/m² for comparable properties
Rent covers ~ 119% of the payment
~ 501 €/mo rent · pays for itself in ~ 16 yrs
~15,500 € BELOW MARKET
good value
against the median for 2-room apartments in Kaisieva Gradina (192 properties)
Good investment rating
The rent covers 118% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 16 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 15,500 € below the typical price (the median) for 2-room apartments in Kaisieva Gradina (192 properties) — 1,369 €/m² against 1,590 €/m².
The apartment is located in Varna city, Kaisieva Gradina district in a new building from 2027 with brick construction. It features two rooms, including a living room with kitchen and dining area, a bedroom, a bathroom with toilet, and a loggia. The property is situated on the 5th floor of 9 with an elevator. The building has controlled access and an allocated parking space. Construction complies with BDS standards, and the property is finished, ready for final touches. The location is convenient, close to public transport stops, shops, schools, kindergartens, and a park with walking paths. The property is suitable for those seeking a functional home in an urban environment with good infrastructure.
With 20% down over 20 years the monthly mortgage payment is about 425 €, against an expected local rent of 501 €. The rent covers the whole payment (118%).
Source: Market statistics for 2-room apartments in Kaisieva Gradina
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
Derived from this specific property's data — not a generic checklist. Take them with you.
Why is this priced below comparable properties? Is there anything that could affect the sale?
Because: The price per m² is about 14% below the average for comparable properties.
Has Act 16 been issued, and what guarantees cover the common parts?
Because: The building dates from 2027.
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
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Rent covers ~ 113% of the payment
~ 587 €/mo rent · pays for itself in ~ 17 yrs
median 1,590 €/m² for comparable properties
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median 1,590 €/m² for comparable properties
Rent covers ~ 125% of the payment
~ 501 €/mo rent · pays for itself in ~ 15 yrs