median 1,750 €/m² for comparable properties
Rent covers ~ 108% of the payment
~ 652 €/mo rent · pays for itself in ~ 17 yrs
~22,000 € ABOVE MARKET
overpriced
against the median for 2-room apartments in Zelenika (13 properties)
Good investment rating
The rent covers 118% 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 22,000 € above the typical price (the median) for 2-room apartments in Zelenika (13 properties) — 2,118 €/m² against 1,750 €/m².
A two-room apartment with an area of 59 sq m is located in m-t Zelenika, Varna. It includes a corridor, living room with kitchen area, bedroom, and a terrace accessible from both rooms. The building is brick, built in 2012, with a total of three floors and no elevator. The apartment is situated on the second floor with a south aspect and offers views of the sea and Asparuhovo beach. An outdoor parking space is included, and the building features video surveillance and access control. The property is suitable both for living and as an investment with potential for short-term and long-term rentals.
With 20% down over 20 years the monthly mortgage payment is about 555 €, against an expected local rent of 652 €. The rent covers the whole payment (118%).
The asking price has fallen by 5,000 € (3.8%) since it was first listed.
Derived from this specific property's data — not a generic checklist. Take them with you.
Is there still room to negotiate, and why has it not sold yet?
Because: The price has been cut 2 times — about 4% below the original asking price.
Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.
Maximum sunlight throughout the day
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
median 1,740 €/m² for comparable properties
Rent covers ~ 46% of the payment
~ 652 €/mo rent · you top up ~ 768 €/mo
median 1,750 €/m² for comparable properties
Rent covers ~ 87% of the payment
~ 652 €/mo rent · you top up ~ 93 €/mo
median 1,750 €/m² for comparable properties
Rent covers ~ 123% of the payment
~ 652 €/mo rent · pays for itself in ~ 15 yrs
median 1,935 €/m² for comparable properties
Rent covers ~ 106% of the payment
~ 652 €/mo rent · pays for itself in ~ 18 yrs
median 1,935 €/m² for comparable properties
Rent covers ~ 51% of the payment
~ 652 €/mo rent · you top up ~ 635 €/mo
median 1,600 €/m² for comparable properties
Rent covers ~ 45% of the payment
~ 573 €/mo rent · you top up ~ 714 €/mo
median 1,750 €/m² for comparable properties
Rent covers ~ 136% of the payment
~ 652 €/mo rent · pays for itself in ~ 14 yrs