median 1,878 €/m² for comparable properties
Rent covers ~ 112% of the payment
~ 597 €/mo rent · pays for itself in ~ 17 yrs
~28,000 € ABOVE MARKET
overpriced
against the median for 2-room apartments in Pogrebi (113 properties)
Fair investment rating
The rent covers 106% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 18 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 28,000 € above the typical price (the median) for 2-room apartments in Pogrebi (113 properties) — 2,500 €/m² against 1,800 €/m².
Two-room apartment with an area of 40 sq m, located in the Pogrebi district, Varna. The property is on the fourth floor of a monolithic brick building from 2011 with an elevator.
The layout includes an entrance hall, living room with kitchenette and dining area, separate bedroom, bathroom with toilet, and terrace. There is an adjacent basement storage room and a private parking space.
The building is of quality construction, with maintained common areas and a southeast aspect that provides good natural light. The apartment is furnished and equipped with air conditioning.
The location offers convenient access to Varna city centre, shops, schools, and transport connections, combining urban comfort with a quiet residential environment.
The property is suitable for permanent residence or investment, offering functionality and amenities in a preferred area.
With 20% down over 20 years the monthly mortgage payment is about 444 €, against an expected local rent of 470 €. The rent covers the whole payment (106%).
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
The exact address hasn't been published by the seller — the map shows the neighbourhood.
median 1,878 €/m² for comparable properties
Rent covers ~ 112% of the payment
~ 597 €/mo rent · pays for itself in ~ 17 yrs
median 1,800 €/m² for comparable properties
Rent covers ~ 83% of the payment
~ 470 €/mo rent · you top up ~ 93 €/mo
median 1,878 €/m² for comparable properties
Rent covers ~ 93% of the payment
~ 597 €/mo rent · you top up ~ 42 €/mo
median 1,800 €/m² for comparable properties
Rent covers ~ 64% of the payment
~ 470 €/mo rent · you top up ~ 262 €/mo
median 1,774 €/m² for comparable properties
Rent covers ~ 120% of the payment
~ 512 €/mo rent · pays for itself in ~ 16 yrs
median 1,878 €/m² for comparable properties
Rent covers ~ 67% of the payment
~ 597 €/mo rent · you top up ~ 290 €/mo
median 1,878 €/m² for comparable properties
Rent covers ~ 96% of the payment
~ 597 €/mo rent · you top up ~ 24 €/mo
median 1,878 €/m² for comparable properties
Rent covers ~ 85% of the payment
~ 597 €/mo rent · you top up ~ 108 €/mo