median 2,337 €/m² for comparable properties
Rent covers ~ 58% of the payment
~ 985 €/mo rent · you top up ~ 701 €/mo
~35,000 € BELOW MARKET
good value
against the median for 2-room apartments in Sveti Nikola (31 properties)
Fair investment rating
The rent covers 105% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 18 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.
This apartment is priced about 35,000 € below the typical price (the median) for 2-room apartments in Sveti Nikola (31 properties) — 1,630 €/m² against 2,013 €/m².
The offered two-room apartment with an area of 92 sq m is located in a new brick building from 2026 in the Sveti Nikola area of Varna. The property features a spacious living area of 35 sq m with a kitchenette, one bedroom, and a bathroom with toilet. The aspect is south-west, providing natural light and warmth for most of the day. The large terrace of 32 sq m offers panoramic views of the sea and a green area, contributing to comfort and relaxation. The property is offered at BDS finish level, with the option for turnkey completion and an interior design project by Bravis Design. The location is among the preferred residential areas, with quick access to the Sea Garden, city center, and beaches, combining natural surroundings and urban amenities.
With 20% down over 20 years the monthly mortgage payment is about 665 €, against an expected local rent of 696 €. The rent covers the whole payment (105%).
This property is advertised in 2 offers from 2 different sellers. All offers are at the same price. It has been listed for 222 days.
Source: Market statistics for 2-room apartments in Sveti Nikola
Derived from this specific property's data — not a generic checklist. Take them with you.
Why is this priced below comparable properties? Is there anything that could affect the sale?
Because: The price per m² is about 19% below the average for comparable properties.
What feedback have previous viewers given?
Because: We have been tracking this listing for about 222 days.
Who am I negotiating with, and who is authorised to agree a price?
Because: The property appears in 2 listings at the same price.
Has Act 16 been issued, and what guarantees cover the common parts?
Because: The building dates from 2026.
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.
The exact address hasn't been published by the seller — the map shows the neighbourhood.
median 2,337 €/m² for comparable properties
Rent covers ~ 58% of the payment
~ 985 €/mo rent · you top up ~ 701 €/mo
median 2,013 €/m² for comparable properties
Rent covers ~ 67% of the payment
~ 696 €/mo rent · you top up ~ 347 €/mo
median 2,013 €/m² for comparable properties
Rent covers ~ 70% of the payment
~ 696 €/mo rent · you top up ~ 302 €/mo
median 1,990 €/m² for comparable properties
Rent covers ~ 83% of the payment
~ 1,272 €/mo rent · you top up ~ 259 €/mo
median 2,013 €/m² for comparable properties
Rent covers ~ 121% of the payment
~ 696 €/mo rent · pays for itself in ~ 16 yrs
median 2,404 €/m² for comparable properties
Rent covers ~ 60% of the payment
~ 1,272 €/mo rent · you top up ~ 858 €/mo
median 1,990 €/m² for comparable properties
Rent covers ~ 86% of the payment
~ 1,272 €/mo rent · you top up ~ 201 €/mo
median 2,013 €/m² for comparable properties
Rent covers ~ 84% of the payment
~ 696 €/mo rent · you top up ~ 128 €/mo