median 1,864 €/m² for comparable properties
Rent covers ~ 110% of the payment
~ 503 €/mo rent · pays for itself in ~ 17 yrs
~11,500 € BELOW MARKET
good value
against the median for 2-room apartments in Pchelina (154 properties)
Good investment rating
The rent covers 122% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 15 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 11,500 € below the typical price (the median) for 2-room apartments in Pchelina (154 properties) — 1,655 €/m² against 1,864 €/m².
Two-room apartment with an area of 55.79 sq m, located on the second floor of a small three-storey building in m-t Pchelina, Varna.
The layout includes an entrance hall, living room with kitchen, bedroom, bathroom with toilet, and a balcony, providing functional use of the space.
The building is brick, with no data on the year of construction, suggesting a stable structure and standard materials.
The location is close to shops, eateries, social services, and transport connections, facilitating daily life and offering conveniences for year-round living.
The property is suitable for people seeking a practical home with a convenient location and basic amenities for comfortable living.
With 20% down over 20 years the monthly mortgage payment is about 411 €, against an expected local rent of 503 €. The rent covers the whole payment (122%).
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
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The exact address hasn't been published by the seller — the map shows the neighbourhood.
median 1,864 €/m² for comparable properties
Rent covers ~ 110% of the payment
~ 503 €/mo rent · pays for itself in ~ 17 yrs
median 1,782 €/m² for comparable properties
Rent covers ~ 80% of the payment
~ 728 €/mo rent · you top up ~ 182 €/mo
median 1,864 €/m² for comparable properties
Rent covers ~ 100% of the payment
~ 503 €/mo rent · pays for itself in ~ 19 yrs
median 1,864 €/m² for comparable properties
Rent covers ~ 72% of the payment
~ 503 €/mo rent · you top up ~ 193 €/mo
median 1,864 €/m² for comparable properties
Rent covers ~ 82% of the payment
~ 503 €/mo rent · you top up ~ 107 €/mo
median 1,864 €/m² for comparable properties
Rent covers ~ 116% of the payment
~ 503 €/mo rent · pays for itself in ~ 16 yrs
median 1,864 €/m² for comparable properties
Rent covers ~ 105% of the payment
~ 503 €/mo rent · pays for itself in ~ 18 yrs
median 1,864 €/m² for comparable properties
Rent covers ~ 105% of the payment
~ 503 €/mo rent · pays for itself in ~ 18 yrs