+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
Sale160,000 €1,818 €/m²
Expected rent696 € /mo
AT MARKET LEVEL
fairly priced
against the median for 2-room apartments in Sveti Nikola (30 properties)
Area
88 m²
Floor
0 / 5
Construction
Brick
Year
2020
Yield analysis
Fair investment rating
Monthly payment710 €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 14 €/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% · 5,000 €
- 165,000 €
- 160,000 €▼ 5,000 € (3%)
Property analysis
This apartment is priced at the typical price (the median) for 2-room apartments in Sveti Nikola (30 properties) — 1,818 €/m² against 1,974 €/m².
Two-room apartment in the city of Varna, district Sveti Nikola, located on the ground floor. The property has its own street access and is situated in a new brick building from 2020.
The layout includes a living room with kitchenette, bedroom with antechamber, walk-in closet, bathroom with toilet, laundry room, and corridor, providing functional and convenient use of the space.
The building is new-build with quality materials, and the apartment has a south aspect and low windows that provide good natural light.
The location offers a quiet and green environment close to bus stops and shops, facilitating daily needs.
The property is suitable for living or investment, especially for people who work from home and seek space and tranquility.
With 20% down over 20 years the monthly mortgage payment is about 710 €, against an expected local rent of 696 €. The rent covers 98% of it.
The asking price has fallen by 5,000 € (3%) since it was first listed.
Source: Market statistics for 2-room apartments in Sveti Nikola
Pros and cons
AI summaryPros
- south aspect
- own access
- new brick building
- large area
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%.
Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.
Layout
- living room
- bedroom
- bathroom
Exposure
AI summarySSouth
Maximum sunlight throughout the day
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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