+18% above market
median 1,582 €/m² for comparable properties
215,000 € 1,869 €/m²
Rent covers ~ 79% of the payment
~ 749 €/mo rent · you top up ~ 205 €/mo
Sale140,000 €2,857 €/m²
Expected rent509 € /mo
~54,500 € ABOVE MARKET
overpriced
against the median for 2-room apartments in Vinica (486 properties)
Area
49 m²
Floor
2 / 4
Construction
Brick
Year
2008
Yield analysis
Fair investment rating
Monthly payment621 €20% down payment · 20 yrs · 3%
Expected rent509 €at market conditions for the neighbourhood
The rent covers 82% of the payment — you top up about 112 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 23 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 54,500 € above the typical price (the median) for 2-room apartments in Vinica (486 properties) — 2,857 €/m² against 1,747 €/m².
The offered property is a two-room apartment with an area of 49 sq m, located in Varna, Vinitsa district. The layout includes a living room with kitchenette, bedroom, bathroom with toilet, corridor, and terrace. The building is brick, built in 2008, with an elevator and is on the second floor of four. The area is well developed with convenient access to public transport, shops, schools, and kindergartens. The property is suitable both for living and for investment with the possibility of parking in the building's yard.
With 20% down over 20 years the monthly mortgage payment is about 621 €, against an expected local rent of 509 €. The rent covers 82% of it.
Pros and cons
AI summaryPros
- functional layout
- elevator
- brick construction
- second floor
Cons
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
Layout
- living room
- bedroom
- bathroom
- corridor
- terrace
Amenities
- Elevator
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.
Similar properties nearby
At market level
median 1,747 €/m² for comparable properties
105,000 € 1,615 €/m²
Rent covers ~ 109% of the payment
~ 509 €/mo rent · pays for itself in ~ 17 yrs
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median 1,747 €/m² for comparable properties
120,000 € 1,967 €/m²
Rent covers ~ 96% of the payment
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At market level
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205,000 € 2,411 €/m²
Rent covers ~ 82% of the payment
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Rent covers ~ 77% of the payment
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