median 1,967 €/m² for comparable properties
Rent covers ~ 84% of the payment
~ 631 €/mo rent · you top up ~ 123 €/mo
~67,000 € ABOVE MARKET
overpriced
against the median for 2-room apartments in Gorna Traka (37 properties)
Low investment rating
The rent covers 68% of the payment — you top up about 262 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 28 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 67,000 € above the typical price (the median) for 2-room apartments in Gorna Traka (37 properties) — 3,081 €/m² against 1,967 €/m².
The offered property is a two-room apartment with an area of 60 sq m, located in Varna, m-t Gorna Traka. The layout includes a living room with a kitchenette and one bedroom, providing functional use of the space. The building is new-build from 2024, constructed with brick materials and features an elevator and parking. The complex is gated, which ensures additional security and convenience, and the location is close to the resort complex Sv. Sv. Konstantin i Elena. The property is suitable for living or renting out, offering a balanced combination of comfort and practicality.
With 20% down over 20 years the monthly mortgage payment is about 820 €, against an expected local rent of 558 €. The rent covers 68% 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