At market level
median 1,590 €/m² for comparable properties
94,900 € 1,482 €/m²
Rent covers ~ 119% of the payment
~ 501 €/mo rent · pays for itself in ~ 16 yrs
Sale113,100 €1,450 €/m²
Expected rent501 € /mo
~11,000 € BELOW MARKET
good value
against the median for 2-room apartments in Kaisieva Gradina (192 properties)
Area
78 m²
Floor
9 / 9
Construction
Brick
Year
2028
Yield analysis
Fair investment rating
Monthly payment502 €20% down payment · 20 yrs · 3%
Expected rent501 €at market conditions for the neighbourhood
The rent covers 100% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 19 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 11,000 € below the typical price (the median) for 2-room apartments in Kaisieva Gradina (192 properties) — 1,450 €/m² against 1,590 €/m².
Two-room apartment in a newly built building in Kaisieva Gradina, Varna.
The property features a spacious living room with kitchenette, bedroom, bathroom with toilet, entrance hall and terrace, providing a functional layout.
The building is of high-class brick construction, equipped with an elevator, parking and access control, using quality materials and modern technologies.
The area offers good infrastructure with access to shops, schools and public transport, facilitating daily life.
The property is suitable for comfortable living or investment with a balanced combination of amenities and location.
With 20% down over 20 years the monthly mortgage payment is about 502 €, against an expected local rent of 501 €. The rent covers the whole payment (100%).
Source: Market statistics for 2-room apartments in Kaisieva Gradina
Pros and cons
AI summaryPros
- functional layout
- new-build
- elevator
- 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 is the scope of the work, and are there hidden problems with the wiring or plumbing?
Because: The listing states that the property needs renovation.
Has Act 16 been issued, and what guarantees cover the common parts?
Because: The building dates from 2028.
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 room
- bedroom
- bathroom
- entrance hall
- terrace
Amenities
- Elevator
- With Parking
- Access Control
- Renovated
- Needs Renovation
Details
- Category
- Residential
- Rooms
- 2
- Bathrooms
- 1
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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