+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
Sale169,000 €2,600 €/m²
Expected rent511 € /mo
~55,500 € ABOVE MARKET
overpriced
against the median for 2-room apartments in Vinica (484 properties)
Area
65 m²
Floor
4 / 5
Construction
Brick
Year
2023
Yield analysis
Low investment rating
Monthly payment750 €20% down payment · 20 yrs · 3%
Expected rent511 €at market conditions for the neighbourhood
The rent covers 68% of the payment — you top up about 239 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 28 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 55,500 € above the typical price (the median) for 2-room apartments in Vinica (484 properties) — 2,600 €/m² against 1,746 €/m².
Two-room apartment in the Vinitsa district, Varna city, located on the 4th floor of a new brick building from 2023 with an elevator. The property has an area of 65 sq m, including a basement and a parking space. The layout includes a spacious living room with a kitchen area, bedroom, bathroom with toilet, and a terrace accessible from both rooms. The building is new, with quality construction and provided amenities such as access control and parking space. The location is quiet and peaceful, with easy access to the center of Varna and the resort complex St. St. Konstantin and Elena. The property is suitable both for permanent residence and as a holiday home or investment with rental potential.
With 20% down over 20 years the monthly mortgage payment is about 750 €, against an expected local rent of 511 €. The rent covers 68% of it.
Pros and cons
AI summaryPros
- sea view
- new-build
- elevator
- parking space
Cons
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
Layout
- living room
- bedroom
- bathroom
Amenities
- Elevator
- With Parking
- Access Control
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 1,746 €/m² for comparable properties
105,000 € 1,615 €/m²
Rent covers ~ 110% of the payment
~ 511 €/mo rent · pays for itself in ~ 17 yrs
+13% above market
median 1,746 €/m² for comparable properties
120,000 € 1,967 €/m²
Rent covers ~ 96% of the payment
~ 511 €/mo rent · you top up ~ 21 €/mo
At market level
median 1,746 €/m² for comparable properties
144,000 € 1,800 €/m²
Rent covers ~ 80% of the payment
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median 1,746 €/m² for comparable properties
130,000 € 1,494 €/m²
Rent covers ~ 89% of the payment
~ 511 €/mo rent · you top up ~ 66 €/mo
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124,990 € 2,314 €/m²
Rent covers ~ 92% of the payment
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median 1,582 €/m² for comparable properties
205,000 € 2,411 €/m²
Rent covers ~ 82% of the payment
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median 1,746 €/m² for comparable properties
149,000 € 2,128 €/m²
Rent covers ~ 77% of the payment
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