median 1,750 €/m² for comparable properties
Rent covers ~ 108% of the payment
~ 652 €/mo rent · pays for itself in ~ 17 yrs
~10,000 € ABOVE MARKET
above market
against the median for 2-room apartments in Zelenika (13 properties)
Good investment rating
The rent covers 136% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 14 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 10,000 € above the typical price (the median) for 2-room apartments in Zelenika (13 properties) — 1,926 €/m² against 1,750 €/m².
Two-room apartment in Varna city, m-t Zelenika, located on the 2nd floor of a 4-storey brick building.
The property includes an entrance hall, living room with kitchenette, bedroom, bathroom with toilet and two terraces, providing additional space and light.
The building was constructed in 2010 with brick construction and offers basic amenities such as internet and access control.
The area is quiet and peaceful, with clean air, and nearby there are public transport stops and shops.
The property is suitable for people seeking tranquility and convenience close to nature and the city.
With 20% down over 20 years the monthly mortgage payment is about 479 €, against an expected local rent of 652 €. The rent covers the whole payment (136%).
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The exact address hasn't been published by the seller — the map shows the neighbourhood.
median 1,750 €/m² for comparable properties
Rent covers ~ 108% of the payment
~ 652 €/mo rent · pays for itself in ~ 17 yrs
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