median 1,864 €/m² for comparable properties
Rent covers ~ 110% of the payment
~ 503 €/mo rent · pays for itself in ~ 17 yrs
~26,500 € BELOW MARKET
good value
against the median for 2-room apartments in Pchelina (154 properties)
Good investment rating
The rent covers 117% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 16 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 26,500 € below the typical price (the median) for 2-room apartments in Pchelina (154 properties) — 1,462 €/m² against 1,864 €/m².
The offered property is a two-room apartment with an area of 66 sq m, located in m-t Pchelina, Varna. The building is new-build, with an expected completion date in 2027.
The layout includes a living room with kitchen area, separate bedroom, bathroom with toilet, entrance hall, and terrace, providing convenience and functionality for everyday living.
The building is constructed with brick materials, offering good insulation and controlled access, and the presence of an elevator facilitates movement to the third floor.
The location in m-t Pchelina provides a quiet environment with easy access to the center of Varna and main road arteries, which is an advantage both for living and investment.
The property is suitable for use or rental, with the price and location suggesting potential for value increase after the building's completion.
With 20% down over 20 years the monthly mortgage payment is about 428 €, against an expected local rent of 503 €. The rent covers the whole payment (117%).
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
Derived from this specific property's data — not a generic checklist. Take them with you.
Why is this priced below comparable properties? Is there anything that could affect the sale?
Because: The price per m² is about 22% below the average for comparable properties.
What feedback have previous viewers given?
Because: We have been tracking this listing for about 241 days.
What is the scope of the work, and are there hidden problems with the wiring or plumbing?
Because: The listing states that the property needs renovation.
Has Act 16 been issued, and what guarantees cover the common parts?
Because: The building dates from 2027.
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 ~ 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