+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
Sale225,000 €3,125 €/m²
Expected rent696 € /mo
~83,000 € ABOVE MARKET
overpriced
against the median for 2-room apartments in Sveti Nikola (30 properties)
Area
72 m²
Floor
1 / 5
Construction
Brick
Year
2022
Yield analysis
Low investment rating
Monthly payment998 €20% down payment · 20 yrs · 3%
Expected rent696 €at market conditions for the neighbourhood
The rent covers 70% of the payment — you top up about 302 €/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 83,000 € above the typical price (the median) for 2-room apartments in Sveti Nikola (30 properties) — 3,125 €/m² against 1,974 €/m².
The offered property is a two-room apartment with an area of 72 sq m, located in the 'Mediterranea' complex in the Sveti Nikola area, Varna city. The layout includes a spacious living area, bedroom, bathroom with toilet, laundry room, and corridor, as well as a wide veranda. The building is brick, built in 2022, with an elevator and maintained common areas. The complex offers security, video surveillance, an outdoor pool, and parking, situated in a quiet and green environment. The property is suitable for people seeking tranquility and amenities close to nature. This is a functional and modern apartment with a good location and facilities for year-round use.
With 20% down over 20 years the monthly mortgage payment is about 998 €, against an expected local rent of 696 €. The rent covers 70% of it.
Source: Market statistics for 2-room apartments in Sveti Nikola
Pros and cons
AI summaryPros
- functional layout
- new brick building
- elevator and security
- parking and pool
Cons
- ground floor
Questions for the viewing
Only on imotesaDerived from this specific property's data — not a generic checklist. Take them with you.
Is there damp, is there enough daylight, and what is the noise like?
Because: The property is on the first floor.
Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.
Layout
- living area
- bedroom
Amenities
- Elevator
- Security
- With Parking
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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