+42% above market
median 2,001 €/m² for comparable properties
375,000 € 2,840 €/m²
Rent covers ~ 71% of the payment
~ 1,187 €/mo rent · you top up ~ 477 €/mo
Sale145,000 €2,164 €/m²
Expected rent696 € /mo
AT MARKET LEVEL
fairly priced
against the median for 2-room apartments in Sveti Nikola (30 properties)
Area
67 m²
Floor
3 / 3
Construction
Brick
Year
2010
Yield analysis
Fair investment rating
Monthly payment643 €20% down payment · 20 yrs · 3%
Expected rent696 €at market conditions for the neighbourhood
The rent covers 108% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 17 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.
Price history
2 changes since listing▼ 9.3% · 14,900 €
- 159,900 €
- 153,000 €▼ 6,900 € (4.3%)
- 145,000 €▼ 8,000 € (5.2%)
Property analysis
This apartment is priced at the typical price (the median) for 2-room apartments in Sveti Nikola (30 properties) — 2,164 €/m² against 1,974 €/m².
The apartment is located in the Sveti Nikola area, Varna. The property has a floor area of 67 sq m and is situated on the third floor of a brick building from 2010. The layout includes a living room, bedroom, bathroom with toilet, and a large terrace overlooking the sea. The building has controlled access and offers parking options. The property is partially furnished and in good condition, suitable both for living and investment.
With 20% down over 20 years the monthly mortgage payment is about 643 €, against an expected local rent of 696 €. The rent covers the whole payment (108%).
The asking price has fallen by 14,900 € (9.3%) since it was first listed.
Source: Market statistics for 2-room apartments in Sveti Nikola
Pros and cons
AI summaryPros
- sea view
- functional layout
- new brick building
- large terrace
Cons
- top floor
Questions for the viewing
Only on imotesaDerived from this specific property's data — not a generic checklist. Take them with you.
Is there still room to negotiate, and why has it not sold yet?
Because: The price has been cut 2 times — about 9% below the original asking price.
What condition is the roof in, and does it overheat in summer?
Because: The property is on the top floor.
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
Exposure
AI summarySSouth
Maximum sunlight throughout the day
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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