+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
Sale159,900 €1,974 €/m²
Expected rent696 € /mo
AT MARKET LEVEL
fairly priced
against the median for 2-room apartments in Sveti Nikola (30 properties)
Area
81 m²
Floor
1 / 5
Construction
Brick
Year
2016
Yield analysis
Fair investment rating
Monthly payment709 €20% down payment · 20 yrs · 3%
Expected rent696 €at market conditions for the neighbourhood
The rent covers 98% of the payment — you top up about 13 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 19 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.
Price history
1 change since listing▼ 3.1% · 5,100 €
- 165,000 €
- 159,900 €▼ 5,100 € (3.1%)
Property analysis
This apartment is priced at the typical price (the median) for 2-room apartments in Sveti Nikola (30 properties) — 1,974 €/m² against 1,974 €/m².
2-room apartment in the city of Varna, Sveti Nikola district, located on the first floor of a five-storey brick building.
The layout includes an entrance hall, living room with kitchenette, study, bedroom, bathroom with toilet and walk-in closet, providing convenience and functionality.
The property was built in 2016 with brick construction and has been renovated, ready to move in.
The location is close to natural areas, offering tranquility and recreational opportunities.
Suitable both for permanent residence and for rental, combining comfort and practicality.
With 20% down over 20 years the monthly mortgage payment is about 709 €, against an expected local rent of 696 €. The rent covers 98% of it.
The asking price has fallen by 5,100 € (3.1%) since it was first listed.
Source: Market statistics for 2-room apartments in Sveti Nikola
Pros and cons
AI summaryPros
- large rooms
- renovated
- brick construction
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 still room to negotiate?
Because: The price has been cut once, by about 3%.
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
- entrance hall
- living room
- study
- bedroom
- bathroom
Amenities
- 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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