median 2,000 €/m² for comparable properties
Rent covers ~ 88% of the payment
~ 553 €/mo rent · you top up ~ 73 €/mo
~26,500 € BELOW MARKET
good value
against the median for 2-room apartments in Levski 1 (223 properties)
Good investment rating
The rent covers 134% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 14 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 26,500 € below the typical price (the median) for 2-room apartments in Levski 1 (223 properties) — 1,555 €/m² against 2,000 €/m².
Two-room apartment with an area of 60 sq m, located in the district of Levski 1, Varna city. The property is part of a new building with upcoming Act 16 and is situated on the 6th floor out of 8.
The layout includes functional rooms suitable for permanent living or investment, with access to an elevator and a parking space.
The building is constructed with brick in 2027, equipped with German windows with triple glazing, providing good sound and thermal insulation. Internet, video surveillance, and access control are planned.
The location is well connected, close to the Technical University, hospitals, and public transport, facilitating daily life and offering rental opportunities.
The property is suitable for both personal use and investment due to the combination of construction quality and local amenities.
With 20% down over 20 years the monthly mortgage payment is about 414 €, against an expected local rent of 553 €. The rent covers the whole payment (134%).
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 22% 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 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
~ 691 €/mo rent · you top up ~ 139 €/mo
median 2,000 €/m² for comparable properties
Rent covers ~ 85% of the payment
~ 553 €/mo rent · you top up ~ 95 €/mo
median 1,975 €/m² for comparable properties
Rent covers ~ 80% of the payment
~ 691 €/mo rent · you top up ~ 169 €/mo
median 1,872 €/m² for comparable properties
Rent covers ~ 70% of the payment
~ 817 €/mo rent · you top up ~ 350 €/mo
median 1,973 €/m² for comparable properties
Rent covers ~ 62% of the payment
~ 574 €/mo rent · you top up ~ 358 €/mo