+11% above market
median 1,864 €/m² for comparable properties
103,000 € 2,060 €/m²
Rent covers ~ 110% of the payment
~ 503 €/mo rent · pays for itself in ~ 17 yrs
Sale114,900 €1,981 €/m²
Expected rent503 € /mo
AT MARKET LEVEL
fairly priced
against the median for 2-room apartments in Pchelina (154 properties)
Area
58 m²
Floor
2 / 4
Construction
Brick
Year
2024
Yield analysis
Fair investment rating
Monthly payment510 €20% down payment · 20 yrs · 3%
Expected rent503 €at market conditions for the neighbourhood
The rent covers 99% of the payment — you top up about 7 €/mo for 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.
Property analysis
This apartment is priced at the typical price (the median) for 2-room apartments in Pchelina (154 properties) — 1,981 €/m² against 1,864 €/m².
Two-room apartment with an area of 58 sq m, located in Varna, m-t Pchelina. The property is on the second floor of a new brick building from 2024.
The layout includes a living area with kitchenette, bedroom, terrace, bathroom with toilet, storage room and corridor, providing functional use of the space.
The building has an elevator and controlled access, and the apartment is finished to BDS standards with five-chamber windows and preparation for air conditioners in all rooms.
The location offers panoramic views of Varna Bay and the lake, with access via a concrete road and the area close to natural zones.
The property is suitable for people seeking convenience and tranquility near nature with good technical characteristics.
With 20% down over 20 years the monthly mortgage payment is about 510 €, against an expected local rent of 503 €. The rent covers 99% of it.
Pros and cons
AI summaryPros
- functional layout
- panoramic terrace
- new-build
- elevator
Cons
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
Layout
- living area
- bedroom
- terrace
- bathroom
Amenities
- Elevator
- Access Control
- Renovated
Exposure
AI summarySSouth
Maximum sunlight throughout the day
EEast
Morning sun, cooler afternoons
Details
- Category
- Residential
- Rooms
- 2
- Bathrooms
- 1
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
Similar properties nearby
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At market level
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median 1,864 €/m² for comparable properties
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Rent covers ~ 105% of the payment
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