+54% above market
median 1,862 €/m² for comparable properties
229,000 € 2,862 €/m²
Rent covers ~ 59% of the payment
~ 596 €/mo rent · you top up ~ 420 €/mo
Sale198,000 €2,475 €/m²
Expected rent473 € /mo
~55,000 € ABOVE MARKET
overpriced
against the median for 2-room apartments in Pogrebi (108 properties)
Area
80 m²
Floor
2 / 5
Construction
Brick
Year
2019
Yield analysis
Low investment rating
Monthly payment878 €20% down payment · 20 yrs · 3%
Expected rent473 €at market conditions for the neighbourhood
The rent covers 54% of the payment — you top up about 405 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 35 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 55,000 € above the typical price (the median) for 2-room apartments in Pogrebi (108 properties) — 2,475 €/m² against 1,788 €/m².
The apartment is located in the Pogrebi district, Varna, on the second floor of a 2019 building with an elevator.
The layout includes a spacious living room with kitchen, bedroom, terrace with lake view, bathroom with toilet, and an entrance hall with storage space.
The building is brick, in good condition, with controlled access and a private parking space in the inner courtyard.
The location offers tranquility and greenery, being part of a district with convenient access to Varna city centre.
The property is suitable for family living with a functional layout and additional amenities such as parking space and elevator.
With 20% down over 20 years the monthly mortgage payment is about 878 €, against an expected local rent of 473 €. The rent covers 54% of it.
Pros and cons
AI summaryPros
- functional layout
- southeast aspect
- parking space
- elevator
Cons
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
Layout
- living room with kitchen approx. 32 sq m
- bedroom approx. 12 sq m
Amenities
- Elevator
- With Parking
- Mortgaged
- Access Control
- Renovated
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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