+96% above market
median 1,901 €/m² for comparable properties
249,000 € 3,716 €/m²
Rent covers ~ 59% of the payment
~ 652 €/mo rent · you top up ~ 453 €/mo
Sale495,000 €4,805 €/m²
Expected rent652 € /mo
~299,000 € ABOVE MARKET
overpriced
against the median for apartments in Varna (10,012 properties)
Area
103 m²
Floor
4 / 4
Construction
Brick
Year
2009
Yield analysis
Low investment rating
Monthly payment2,196 €20% down payment · 20 yrs · 3%
Expected rent652 €at market conditions for the neighbourhood
The rent covers 30% of the payment — you top up about 1,544 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 63 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 299,000 € above the typical price (the median) for apartments in Varna (10,012 properties) — 4,805 €/m² against 1,901 €/m².
Two-room apartment with an area of 103 sq m, located on the fourth floor in a gated building in m-t Saltanat, Varna.
The layout includes an entrance hall, living area with open kitchen, bedroom, two terraces, bathroom, and walk-in closet.
The building is brick from 2009, with an elevator and maintenance of common areas. Heating and cooling are provided by air conditioners, and the flooring is laminated parquet.
The area is green and quiet, close to the Sea Garden and the sea, with convenient access to public transport and supporting infrastructure.
The property is suitable for people looking for a home close to nature with good functionality and a peaceful environment.
With 20% down over 20 years the monthly mortgage payment is about 2,196 €, against an expected local rent of 652 €. The rent covers 30% of it.
Pros and cons
AI summaryPros
- two terraces
- southeast aspect
- elevator
- gated complex
Cons
- top floor
Questions for the viewing
Only on imotesaDerived from this specific property's data — not a generic checklist. Take them with you.
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.
Layout
- entrance hall
- living area
- bedroom
- bathroom
- walk-in closet
Amenities
- Elevator
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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