median 1,967 €/m² for comparable properties
Rent covers ~ 84% of the payment
~ 631 €/mo rent · you top up ~ 123 €/mo
~40,500 € ABOVE MARKET
overpriced
against the median for 2-room apartments in Gorna Traka (37 properties)
Fair investment rating
The rent covers 86% of the payment — you top up about 93 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 22 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 40,500 € above the typical price (the median) for 2-room apartments in Gorna Traka (37 properties) — 2,718 €/m² against 1,967 €/m².
Two-room apartment with an area of 54 sq m, located on the second floor of a five-storey building in m-t Gorna Traka, Varna city.
The layout includes a living room with kitchen, bedroom, corridor, bathroom and veranda, providing functional use of the space.
The building is brick, new-build with an elevator and a well-maintained yard. Heating is provided by air conditioners in all rooms.
The area is quiet and peaceful, with easy access and proximity to nature, contributing to a comfortable lifestyle.
The property is suitable for people seeking a convenient and move-in ready home in a calm environment.
With 20% down over 20 years the monthly mortgage payment is about 651 €, against an expected local rent of 558 €. The rent covers 86% of it.
Source: Market statistics for 2-room apartments in Gorna Traka
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
The exact address hasn't been published by the seller — the map shows the neighbourhood.
median 1,967 €/m² for comparable properties
Rent covers ~ 84% of the payment
~ 631 €/mo rent · you top up ~ 123 €/mo
median 1,967 €/m² for comparable properties
Rent covers ~ 113% of the payment
~ 558 €/mo rent · pays for itself in ~ 17 yrs
median 1,967 €/m² for comparable properties
Rent covers ~ 98% of the payment
~ 631 €/mo rent · you top up ~ 12 €/mo
median 1,967 €/m² for comparable properties
Rent covers ~ 50% of the payment
~ 631 €/mo rent · you top up ~ 629 €/mo
median 1,967 €/m² for comparable properties
Rent covers ~ 77% of the payment
~ 631 €/mo rent · you top up ~ 190 €/mo
median 1,967 €/m² for comparable properties
Rent covers ~ 81% of the payment
~ 558 €/mo rent · you top up ~ 130 €/mo
median 1,967 €/m² for comparable properties
Rent covers ~ 105% of the payment
~ 631 €/mo rent · pays for itself in ~ 18 yrs
median 1,862 €/m² for comparable properties
Rent covers ~ 95% of the payment
~ 906 €/mo rent · you top up ~ 43 €/mo