+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
Sale235,000 €2,974 €/m²
Expected rent696 € /mo
~79,000 € ABOVE MARKET
overpriced
against the median for 2-room apartments in Sveti Nikola (30 properties)
Area
79 m²
Floor
1 / 5
Construction
Brick
Year
2022
Yield analysis
Low investment rating
Monthly payment1,043 €20% down payment · 20 yrs · 3%
Expected rent696 €at market conditions for the neighbourhood
The rent covers 67% of the payment — you top up about 347 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 28 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 79,000 € above the typical price (the median) for 2-room apartments in Sveti Nikola (30 properties) — 2,974 €/m² against 1,974 €/m².
2-room apartment in Varna city, Sveti Nikola district, part of a sea-oriented complex.
The layout includes a living area, bedroom, bathroom with toilet, laundry room, and veranda with soft furniture, providing convenient functionality.
The building is new-build from 2022, with brick construction, elevator, security, and video surveillance, ensuring comfort and safety.
The complex is located in a quiet area with easy access to transport, shops, and sports facilities, also offering a communal pool, playground, and green spaces.
The property is suitable for living or investment, combining amenities and tranquility close to nature.
With 20% down over 20 years the monthly mortgage payment is about 1,043 €, against an expected local rent of 696 €. The rent covers 67% of it.
Source: Market statistics for 2-room apartments in Sveti Nikola
Pros and cons
AI summaryPros
- functional layout
- new-build
- elevator and security
- parking
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
- corridor
- living area
- bedroom
- veranda
- bathroom
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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