median 2,743 €/m² for comparable properties
Rent covers ~ 70% of the payment
~ 718 €/mo rent · you top up ~ 305 €/mo
~70,000 € ABOVE MARKET
overpriced
against the median for 2-room apartments in Okryjna Bolnica-Generali (17 properties)
Low investment rating
The rent covers 40% of the payment — you top up about 795 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 47 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 70,000 € above the typical price (the median) for 2-room apartments in Okryjna Bolnica-Generali (17 properties) — 3,333 €/m² against 2,554 €/m².
The apartment is located in the city of Varna, in the area of Okrazhna bolnitsa and Generali. It features an entrance hall, bathroom, spacious living area, bedroom, and panoramic terrace. The property is situated on the 10th floor of an 11-storey brick building from 2022 with an elevator and access control. The construction is of high quality, with the apartment equipped with underfloor heating in the corridor and bathroom, as well as a climate system for heating and cooling. The area offers convenient access to stores such as Lidl, Chataldzha market, and the Sea Garden, with the city centre within walking distance. The property is suitable for living or investment with the option to purchase an underground parking space.
With 20% down over 20 years the monthly mortgage payment is about 1,331 €, against an expected local rent of 536 €. The rent covers 40% of it.
Source: Market statistics for 2-room apartments in Okryjna Bolnica-Generali
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
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Rent covers ~ 70% of the payment
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