−16% below market
median 1,878 €/m² for comparable properties
119,990 € 1,578 €/m²
Rent covers ~ 112% of the payment
~ 597 €/mo rent · pays for itself in ~ 17 yrs
Sale135,000 €2,700 €/m²
Expected rent470 € /mo
~45,000 € ABOVE MARKET
overpriced
against the median for 2-room apartments in Pogrebi (113 properties)
Area
50 m²
Floor
2 / 5
Construction
Brick
Year
2008
Yield analysis
Fair investment rating
Monthly payment599 €20% down payment · 20 yrs · 3%
Expected rent470 €at market conditions for the neighbourhood
The rent covers 78% of the payment — you top up about 129 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 24 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 about 45,000 € above the typical price (the median) for 2-room apartments in Pogrebi (113 properties) — 2,700 €/m² against 1,800 €/m².
2-room apartment in Varna, Pogrebi district, located on the 2nd floor of a brick building from 2008 with an elevator.
The layout includes a living area, bedroom, corridor, bathroom with toilet and two terraces, providing functional use of the space.
The building is constructed with brick materials and is in good condition, with the apartment offered furnished and ready to move in.
The location is close to central parts of Varna, about 5 minutes from the cathedral, with convenient access to city infrastructure.
The property is suitable for people seeking a home with a convenient location and practical layout in an urban environment.
With 20% down over 20 years the monthly mortgage payment is about 599 €, against an expected local rent of 470 €. The rent covers 78% of it.
Pros and cons
AI summaryPros
- functional layout
- elevator
- two terraces
- brick construction
Cons
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
Layout
- living area
- bedroom
- corridor
- bathroom
Amenities
- Elevator
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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