median 1,967 €/m² for comparable properties
Rent covers ~ 84% of the payment
~ 631 €/mo rent · you top up ~ 123 €/mo
~40,000 € ABOVE MARKET
overpriced
against the median for 2-room apartments in Gorna Traka (37 properties)
Fair investment rating
The rent covers 79% of the payment — you top up about 152 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 24 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 40,000 € above the typical price (the median) for 2-room apartments in Gorna Traka (37 properties) — 2,622 €/m² against 1,967 €/m².
The offered property is a two-room apartment in the city of Varna, Gorna Traka area. It features a living room with kitchenette, bedroom, bathroom with toilet, and a veranda with PVC glazing. The apartment is on the ground floor of a new brick building from 2023 with an elevator. The construction is of good quality, with laminate and terracotta flooring, equipped with air conditioners and an intercom system. The location is close to natural surroundings, providing tranquility and opportunities for relaxation. The property is suitable both for personal use and as an investment with rental potential.
With 20% down over 20 years the monthly mortgage payment is about 710 €, against an expected local rent of 558 €. The rent covers 79% of it.
Source: Market statistics for 2-room apartments in Gorna Traka
Derived from this specific property's data — not a generic checklist. Take them with you.
What feedback have previous viewers given?
Because: We have been tracking this listing for about 210 days.
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 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