+19% above market
median 2,000 €/m² for comparable properties
155,000 € 2,384 €/m²
Rent covers ~ 80% of the payment
~ 549 €/mo rent · you top up ~ 139 €/mo
Sale165,000 €2,796 €/m²
Expected rent549 € /mo
~47,000 € ABOVE MARKET
overpriced
against the median for 2-room apartments in Levski 1 (219 properties)
Area
59 m²
Floor
4 / 5
Construction
Brick
Year
2009
Yield analysis
Low investment rating
Monthly payment732 €20% down payment · 20 yrs · 3%
Expected rent549 €at market conditions for the neighbourhood
The rent covers 75% of the payment — you top up about 183 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 25 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 47,000 € above the typical price (the median) for 2-room apartments in Levski 1 (219 properties) — 2,796 €/m² against 2,000 €/m².
The offered property is a two-room apartment with an area of 59 sq m, located in the Levski district, Varna city. The layout includes a living room, bedroom, corridor, bathroom with toilet, and a terrace accessible from both rooms. The apartment is in a building from 2009, built with bricks, on the 4th of 5 floors, with an elevator and a parking space. The district has good infrastructure and constant demand for properties, suitable both for living and investment. The apartment offers convenience and functionality combined with a good location and natural light throughout the day.
With 20% down over 20 years the monthly mortgage payment is about 732 €, against an expected local rent of 549 €. The rent covers 75% of it.
Pros and cons
AI summaryPros
- south aspect
- elevator
- parking space
- quality construction
Cons
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
Layout
- living room
- bedroom
- corridor
- bathroom
- terrace
Amenities
- Elevator
- With Parking
Exposure
AI summarySSouth
Maximum sunlight throughout the day
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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