−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
Sale152,000 €2,171 €/m²
Expected rent470 € /mo
~26,000 € ABOVE MARKET
overpriced
against the median for 2-room apartments in Pogrebi (113 properties)
Area
70 m²
Floor
3 / 8
Construction
Brick
Year
2021
Yield analysis
Low investment rating
Monthly payment674 €20% down payment · 20 yrs · 3%
Expected rent470 €at market conditions for the neighbourhood
The rent covers 70% of the payment — you top up about 204 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 27 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 26,000 € above the typical price (the median) for 2-room apartments in Pogrebi (113 properties) — 2,171 €/m² against 1,800 €/m².
2-room apartment in Varna city, Pogrebi district, located on the third floor of an eight-storey building.
The layout includes a bright living room with kitchenette, large bedroom with wardrobe niche, bathroom with toilet and two terraces.
The building is new-build from 2021, brick construction, with elevator and well-maintained common areas. The property is a middle apartment, fully covered, which improves energy efficiency.
The district offers good infrastructure with schools, kindergartens and medical facilities close to the centre of Varna.
Suitable for living or investment, the property combines functionality and convenience in a preferred area.
With 20% down over 20 years the monthly mortgage payment is about 674 €, against an expected local rent of 470 €. The rent covers 70% of it.
Pros and cons
AI summaryPros
- functional layout
- two terraces
- new-build
- elevator
Cons
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
Layout
- living room
- bedroom
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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