median 1,864 €/m² for comparable properties
Rent covers ~ 105% of the payment
~ 503 €/mo rent · pays for itself in ~ 18 yrs
AT MARKET LEVEL
fairly priced
against the median for 2-room apartments in Pchelina (152 properties)
Fair investment rating
The rent covers 101% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 19 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 at the typical price (the median) for 2-room apartments in Pchelina (152 properties) — 2,000 €/m² against 1,864 €/m².
Two-room apartment with an area of 56 sq m, located in the district of Pchelina, city of Varna. The property is situated on the fourth floor of a new brick building from 2026.
The layout is average, suitable for standard residential use, with convenient access via elevator. The interior space is compact and functional.
The building is new-build, pre-Act 16, with expected Act 16 by the end of May. Brick materials have been used, ensuring good insulation and durability.
The location is in the Pchelina area, with easy access to Prilep St and Varna's urban infrastructure. The surroundings are quiet, suitable for living outside the city center.
The property is suitable for people looking for a new home on the outskirts of Varna with conveniences and a functional layout.
With 20% down over 20 years the monthly mortgage payment is about 497 €, against an expected local rent of 503 €. The rent covers the whole payment (101%).
The asking price has risen by 2,000 € (1.8%) since it was first listed.
Derived from this specific property's data — not a generic checklist. Take them with you.
What changed since the listing went up — a renovation, paperwork, something else?
Because: The price is about 2% higher than when it was first advertised.
Has Act 16 been issued, and what guarantees cover the common parts?
Because: The building dates from 2026.
What condition is the roof in, and does it overheat in summer?
Because: The property is on the top floor.
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 1,864 €/m² for comparable properties
Rent covers ~ 105% of the payment
~ 503 €/mo rent · pays for itself in ~ 18 yrs
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median 1,864 €/m² for comparable properties
Rent covers ~ 100% of the payment
~ 503 €/mo rent · pays for itself in ~ 19 yrs