At market level
median 1,782 €/m² for comparable properties
205,000 € 1,952 €/m²
Rent covers ~ 80% of the payment
~ 728 €/mo rent · you top up ~ 182 €/mo
Sale103,000 €2,060 €/m²
Expected rent503 € /mo
~10,000 € ABOVE MARKET
above market
against the median for 2-room apartments in Pchelina (154 properties)
Area
50 m²
Floor
0 / 3
Construction
Brick
Year
2024
Yield analysis
Fair investment rating
Monthly payment457 €20% down payment · 20 yrs · 3%
Expected rent503 €at market conditions for the neighbourhood
The rent covers 110% 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 about 10,000 € above the typical price (the median) for 2-room apartments in Pchelina (154 properties) — 2,060 €/m² against 1,864 €/m².
Two-room apartment with an area of 50 sq m on the ground floor in m-t Pchelina, Varna city.
The layout includes an entrance hall, spacious bedroom, bathroom, bright living room of 20 sq m and a loggia with south aspect.
The building is brick, built in 2024, with an elevator and Act 16 from 2026, ensuring modern construction standards and amenities.
The area has asphalt access and rapidly developing infrastructure, suitable for permanent residence or rental.
The apartment offers a balanced combination of functionality and comfort in a quiet urban environment.
With 20% down over 20 years the monthly mortgage payment is about 457 €, against an expected local rent of 503 €. The rent covers the whole payment (110%).
Pros and cons
AI summaryPros
- functional layout
- south aspect
- new-build
- elevator
Cons
- ground floor
Layout
- bedroom
- living room 20 sq m
- bathroom
Amenities
- Elevator
Exposure
AI summarySSouth
Maximum sunlight throughout the day
Details
- Category
- Residential
- Rooms
- 2
- Bathrooms
- 1
- Furnishing
- Yes
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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