median 1,975 €/m² for comparable properties
Rent covers ~ 47% of the payment
~ 692 €/mo rent · you top up ~ 777 €/mo
AT MARKET LEVEL
fairly priced
against the median for 2-room apartments in Levski 1 (222 properties)
Good investment rating
The rent covers 119% 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 at the typical price (the median) for 2-room apartments in Levski 1 (222 properties) — 2,187 €/m² against 2,000 €/m².
Two-room apartment with an area of 48 sq m, located in the district of Levski, Varna. The property is on the 2nd floor of 8 in a prefab panel block from 1970.
The layout includes two rooms with potential for functional use, but the apartment needs renovation. The building has an elevator and an allocated parking space.
The construction is prefab panel, which implies lower thermal insulation and possible need for updating installations.
The location is convenient, close to kindergartens, schools, public transport stops, and supermarkets.
The property is suitable for people looking for a home with renovation potential in a well-served area of Varna.
With 20% down over 20 years the monthly mortgage payment is about 466 €, against an expected local rent of 553 €. The rent covers the whole payment (119%).
Derived 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 the block been insulated under the renovation programme, and is there paperwork for it?
Because: Prefabricated panel construction.
Have the risers been replaced, and when was the roof last repaired?
Because: The building dates from 1970 — about 56 years old.
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 1,975 €/m² for comparable properties
Rent covers ~ 47% of the payment
~ 692 €/mo rent · you top up ~ 777 €/mo
median 1,975 €/m² for comparable properties
Rent covers ~ 79% of the payment
~ 692 €/mo rent · you top up ~ 189 €/mo
median 2,000 €/m² for comparable properties
Rent covers ~ 79% of the payment
~ 553 €/mo rent · you top up ~ 151 €/mo
median 2,000 €/m² for comparable properties
Rent covers ~ 88% of the payment
~ 553 €/mo rent · you top up ~ 73 €/mo
median 2,000 €/m² for comparable properties
Rent covers ~ 95% of the payment
~ 553 €/mo rent · you top up ~ 31 €/mo
median 2,000 €/m² for comparable properties
Rent covers ~ 96% of the payment
~ 553 €/mo rent · you top up ~ 21 €/mo
median 1,975 €/m² for comparable properties
Rent covers ~ 83% of the payment
~ 692 €/mo rent · you top up ~ 138 €/mo
median 2,000 €/m² for comparable properties
Rent covers ~ 85% of the payment
~ 553 €/mo rent · you top up ~ 95 €/mo