+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 €2,121 €/m²
Expected rent509 € /mo
~24,500 € ABOVE MARKET
overpriced
against the median for 2-room apartments in Vinica (486 properties)
Area
66 m²
Floor
2 / 5
Construction
Brick
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 24,500 € above the typical price (the median) for 2-room apartments in Vinica (486 properties) — 2,121 €/m² against 1,747 €/m².
Two-room apartment with an area of 66 sq m, located in Vinitsa, Varna. The property is on the second floor of a five-storey brick building with an elevator.
The layout includes a living room with kitchen and dining area, glazed terrace, spacious bedroom, bathroom with toilet, laundry room, and entrance hall.
The apartment is renovated and maintained, minimally used, making it practically like new. The property includes a basement storage room and the possibility to park two cars in the yard.
The area is quiet and offers convenient access to the center of Varna, the Sea Garden, and the beaches, while providing clean air and tranquility.
The property is suitable for permanent residence or investment, combining functionality and comfort in a residential environment.
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
- southeast aspect
- parking for two cars
- renovated condition
Cons
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
Layout
- living room
- kitchen
- dining area
- terrace
- bedroom
- bathroom
- toilet
- laundry room
- entrance hall
Amenities
- Elevator
- With Parking
- Internet Connection
- Renovated
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
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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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At market level
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