+49% above market
median 1,811 €/m² for comparable properties
89,000 €2,696 €/m²
Rent covers ~ 83% of the payment
~ 328 €/mo rent · you top up ~ 67 €/mo
Sale141,500 €2,210 €/m²
Expected rent510 € /mo
~30,000 € ABOVE MARKET
overpriced
against the median for 2-room apartments in Vinica (486 properties)
Area
64 m²
Floor
0 / 4
Construction
Brick
Year
2020
Yield analysis
Fair investment rating
Monthly payment628 €20% down payment · 20 yrs · 3%
Expected rent510 €at market conditions for the neighbourhood
The rent covers 81% of the payment — you top up about 118 €/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 30,000 € above the typical price (the median) for 2-room apartments in Vinica (486 properties) — 2,210 €/m² against 1,742 €/m².
2-room apartment in the Vinitsa district, Varna city, built in 2020 on the ground floor of a four-storey building.
The layout includes a spacious living room with kitchenette, separate bedroom, bathroom and toilet, as well as a large terrace of about 15-16 sq m.
The property is brick-built, has Act 16 and is fully renovated and furnished, ready to move in without additional costs.
The district is quiet and peaceful, with good infrastructure and access to city amenities.
Suitable for family use or investment, combining functionality and comfort on a reasonable floor area.
With 20% down over 20 years the monthly mortgage payment is about 628 €, against an expected local rent of 510 €. The rent covers 81% of it.
Pros and cons
AI summaryPros
- large terrace
- renovated
- fully furnished
- brick construction
Cons
- ground floor
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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