median 1,590 €/m² for comparable properties
Rent covers ~ 119% of the payment
~ 501 €/mo rent · pays for itself in ~ 16 yrs
~25,500 € BELOW MARKET
good value
against the median for 2-room apartments in Kaisieva Gradina (192 properties)
Good investment rating
The rent covers 127% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 15 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 25,500 € below the typical price (the median) for 2-room apartments in Kaisieva Gradina (192 properties) — 1,236 €/m² against 1,590 €/m².
Two-room apartment in the city of Varna, district Kaisieva Gradina, part of a new-build development.
The layout includes an entrance hall, combined bathroom with window, bedroom, and living room with kitchenette, with the option to separate the kitchen and convert into a three-room apartment. There is a terrace accessible from both the bedroom and the living room.
The building is brick-built, pre-Act 15, with modern common areas, elevator, and quality materials used. Video surveillance, access control, and parking space are planned.
The location is well connected, close to urban amenities and green areas, providing convenience for living and investment potential.
The property is suitable for those seeking a functional layout and modern conveniences in an urban environment.
With 20% down over 20 years the monthly mortgage payment is about 395 €, against an expected local rent of 501 €. The rent covers the whole payment (127%).
This property is advertised in 3 offers, all from the same agency. The gap between the cheapest and the dearest is 10,000 €. It has been listed for 157 days. The asking price has fallen by 9,000 € (9.2%) since it was first listed.
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.
Which price is the real one, and who am I negotiating with?
Because: The property appears in 3 listings, and the prices differ by about 10%.
Why is this priced below comparable properties? Is there anything that could affect the sale?
Because: The price per m² is about 22% below the average for comparable properties.
Is there still room to negotiate, and why has it not sold yet?
Because: The price has been cut 4 times — about 9% below the original asking price.
Has Act 16 been issued, and what guarantees cover the common parts?
Because: The building dates from 2027.
Is there enough daylight during the day?
Because: The advertised exposure has no southern side.
Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.
Afternoon and evening sun
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