−13% below market
median 1,967 €/m² for comparable properties
170,000 € 1,717 €/m²
Rent covers ~ 84% of the payment
~ 631 €/mo rent · you top up ~ 123 €/mo
Sale117,000 €1,950 €/m²
Expected rent558 € /mo
AT MARKET LEVEL
fairly priced
against the median for 2-room apartments in Gorna Traka (37 properties)
Area
60 m²
Floor
2 / 3
Construction
Brick
Year
2021
Yield analysis
Fair investment rating
Monthly payment519 €20% down payment · 20 yrs · 3%
Expected rent558 €at market conditions for the neighbourhood
The rent covers 107% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 17 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 at the typical price (the median) for 2-room apartments in Gorna Traka (37 properties) — 1,950 €/m² against 1,967 €/m².
Two-room apartment in the city of Varna, m-t Gorna Traka, built in 2021 in a brick building with Act 16.
The layout includes an entrance hall, living room with kitchenette, bedroom and shared terrace, providing functional and convenient use of the space.
The building is new, with quality construction and includes underground parking space, internet and basement storage as additional amenities.
The location offers tranquility and greenery, being close to nature and providing a beautiful sea view from the terrace.
The property is suitable for family living or investment with a good balance between comfort and practicality.
With 20% down over 20 years the monthly mortgage payment is about 519 €, against an expected local rent of 558 €. The rent covers the whole payment (107%).
Source: Market statistics for 2-room apartments in Gorna Traka
Pros and cons
AI summaryPros
- functional layout
- southeast aspect
- underground parking space
- new brick building
Cons
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
Layout
- living room
- bedroom
Amenities
- With Parking
- Internet Connection
- Renovated
Details
- Category
- Residential
- Rooms
- 2
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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