−20% below market
median 1,750 €/m² for comparable properties
135,702 € 1,398 €/m²
Rent covers ~ 108% of the payment
~ 652 €/mo rent · pays for itself in ~ 17 yrs
Sale168,000 €1,750 €/m²
Expected rent652 € /mo
AT MARKET LEVEL
fairly priced
against the median for 2-room apartments in Zelenika (13 properties)
Area
96 m²
Floor
4 / 4
Construction
Brick
Year
2014
Yield analysis
Fair investment rating
Monthly payment745 €20% down payment · 20 yrs · 3%
Expected rent652 €at market conditions for the neighbourhood
The rent covers 87% of the payment — you top up about 93 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 21 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 Zelenika (13 properties) — 1,714 €/m² against 1,750 €/m².
2-room apartment in m-t Zelenika, Varna city, located on the top floor of a brick building. The total area is 96 sq m, including 64.54 sq m of living space and a large terrace of 32.74 sq m with potential for conversion.
With 20% down over 20 years the monthly mortgage payment is about 745 €, against an expected local rent of 652 €. The rent covers 87% of it.
This property is advertised in 2 offers from 2 different sellers. The gap between the cheapest and the dearest is 2,940 €. It has been listed for 181 days.
Pros and cons
AI summaryPros
- large terrace
- PVC windows with double glazing
- air conditioning
- close to beach
Cons
- top floor
- needs refreshing renovation
Questions for the viewing
Only on imotesaDerived from this specific property's data — not a generic checklist. Take them with you.
Which price is the real one, and who am I negotiating with?
Because: The property appears in 2 listings, and the prices differ by about 2%.
What feedback have previous viewers given?
Because: We have been tracking this listing for about 181 days.
What condition is the roof in, and does it overheat in summer?
Because: The property is on the top floor.
Is there a lift in the building, and what condition is it in?
Because: The property is on floor 4 and the listing does not mention a lift.
Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.
Layout
- studio 64.54 sq m
- bedroom
- hallway
- bathroom
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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