+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 €2,743 €/m²
Expected rent696 € /mo
~63,000 € ABOVE MARKET
overpriced
against the median for 2-room apartments in Sveti Nikola (30 properties)
Area
82 m²
Floor
3 / 6
Construction
Brick
Heating
Local Heating
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 63,000 € above the typical price (the median) for 2-room apartments in Sveti Nikola (30 properties) — 2,743 €/m² against 1,974 €/m².
2-room apartment in Varna city, Sveti Nikola district, located in a gated complex with security and green areas.
The property has a functional layout with an entrance hall, living room with kitchenette, bedroom, bathroom with toilet, and a terrace with sea view.
The building is brick, on the third floor of six, equipped with an elevator and video surveillance; the apartment is renovated and furnished.
The complex offers additional amenities such as an outdoor pool, barbecue area, and parking, while the location provides easy access to Varna city centre and nearby resorts.
The property is suitable for those seeking comfort in a gated environment with good infrastructure and sea views.
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
- terrace with sea view
- elevator
- gated complex
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.
Is there enough daylight during the day?
Because: The advertised exposure has no southern side.
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
- bedroom
- bathroom
Amenities
- Elevator
- With Parking
- Video Surveillance
- Renovated
Exposure
AI summaryEEast
Morning sun, cooler afternoons
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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