+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
Sale185,650 €2,508 €/m²
Expected rent696 € /mo
~39,500 € ABOVE MARKET
overpriced
against the median for 2-room apartments in Sveti Nikola (30 properties)
Area
74 m²
Floor
3 / 4
Construction
Brick
Year
2027
Yield analysis
Fair investment rating
Monthly payment824 €20% down payment · 20 yrs · 3%
Expected rent696 €at market conditions for the neighbourhood
The rent covers 84% of the payment — you top up about 128 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 22 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 39,500 € above the typical price (the median) for 2-room apartments in Sveti Nikola (30 properties) — 2,508 €/m² against 1,974 €/m².
The apartment is located in a new brick building from 2027 in the Sveti Nikola district, Varna. The layout includes a living area with kitchenette, bedroom, bathroom with toilet, entrance hall, and terrace. The property is on the third floor of a four-storey building with an elevator and parking space. The construction is new, with installed plumbing and electrical systems, sold according to BDS standards with an installed entrance door. The location is well connected, close to main boulevards, public transport, supermarkets, schools, and kindergartens. The property is suitable both for personal use and as an investment for rental purposes.
With 20% down over 20 years the monthly mortgage payment is about 824 €, against an expected local rent of 696 €. The rent covers 84% of it.
Source: Market statistics for 2-room apartments in Sveti Nikola
Pros and cons
AI summaryPros
- new building
- elevator
- parking space
- functional layout
Cons
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
Questions for the viewing
Only on imotesaDerived from this specific property's data — not a generic checklist. Take them with you.
Has Act 16 been issued, and what guarantees cover the common parts?
Because: The building dates from 2027.
Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.
Layout
- living area 28.5 sq m
- bedroom 13.4 sq m
Amenities
- Elevator
- With Parking
- Access Control
- Renovated
- Tax Credit Option
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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