−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
Sale150,000 €2,000 €/m²
Expected rent470 € /mo
~15,000 € ABOVE MARKET
above market
against the median for 2-room apartments in Pogrebi (113 properties)
Area
75 m²
Floor
2 / 7
Construction
Brick
Year
1994
Yield analysis
Low investment rating
Monthly payment666 €20% down payment · 20 yrs · 3%
Expected rent470 €at market conditions for the neighbourhood
The rent covers 71% of the payment — you top up about 196 €/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.
Price history
1 change since listing▲ 2.7% · 4,000 €
- 146,000 €
- 150,000 €▲ 4,000 € (2.7%)
Property analysis
This apartment is priced about 15,000 € above the typical price (the median) for 2-room apartments in Pogrebi (113 properties) — 2,000 €/m² against 1,800 €/m².
2-room apartment in Varna, Pogrebi district, located on the second floor of seven. The total area is about 65 sq m and includes a terrace.
The property has a functional layout with a living room and kitchenette, bedroom, bathroom with toilet, and entrance hall. The rooms are suitable for adaptation according to personal preferences.
The building is brick from 1994, with an elevator and access control, with maintained common areas and modern architecture.
The location is close to the Cathedral Church, administrative institutions, schools, and transport connections, providing everyday conveniences.
The property is suitable both for living and for investment due to the good location and rental potential.
With 20% down over 20 years the monthly mortgage payment is about 666 €, against an expected local rent of 470 €. The rent covers 71% of it.
The asking price has risen by 4,000 € (2.7%) since it was first listed.
Pros and cons
AI summaryPros
- functional layout
- elevator
- close to centre
Cons
- needs finishing works
Questions for the viewing
Only on imotesaDerived from this specific property's data — not a generic checklist. Take them with you.
What changed since the listing went up — a renovation, paperwork, something else?
Because: The price is about 3% higher than when it was first advertised.
Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.
Layout
- living room
- bedroom
Amenities
- Elevator
- Access Control
- Video Surveillance
Details
- Category
- Residential
- Rooms
- 2
- Bathrooms
- 1
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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