median 1,582 €/m² for comparable properties
Rent covers ~ 79% of the payment
~ 749 €/mo rent · you top up ~ 205 €/mo
~43,000 € ABOVE MARKET
overpriced
against the median for 2-room apartments in Vinica (484 properties)
Low investment rating
The rent covers 72% of the payment — you top up about 199 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 26 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 43,000 € above the typical price (the median) for 2-room apartments in Vinica (484 properties) — 2,388 €/m² against 1,746 €/m².
Two-room apartment in Varna city, Vinitsa district, located on the third floor of a five-storey building. The property has an area of 67 sq m and includes a living room with dining area, bedroom, bathroom with toilet, walk-in closet and loggia-type terrace. The building is new-build from 2021, constructed with brick materials and features an elevator and parking space. The location is quiet and convenient, close to the main street Tsar Boris III, with easy access to Varna city centre 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 20% down over 20 years the monthly mortgage payment is about 710 €, against an expected local rent of 511 €. The rent covers 72% of it.
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
The exact address hasn't been published by the seller — the map shows the neighbourhood.
median 1,582 €/m² for comparable properties
Rent covers ~ 79% of the payment
~ 749 €/mo rent · you top up ~ 205 €/mo
median 1,746 €/m² for comparable properties
Rent covers ~ 110% of the payment
~ 511 €/mo rent · pays for itself in ~ 17 yrs
median 1,746 €/m² for comparable properties
Rent covers ~ 96% of the payment
~ 511 €/mo rent · you top up ~ 21 €/mo
median 1,746 €/m² for comparable properties
Rent covers ~ 80% of the payment
~ 511 €/mo rent · you top up ~ 128 €/mo
median 1,746 €/m² for comparable properties
Rent covers ~ 89% of the payment
~ 511 €/mo rent · you top up ~ 66 €/mo
median 1,746 €/m² for comparable properties
Rent covers ~ 92% of the payment
~ 511 €/mo rent · you top up ~ 44 €/mo
median 1,582 €/m² for comparable properties
Rent covers ~ 82% of the payment
~ 749 €/mo rent · you top up ~ 161 €/mo
median 1,746 €/m² for comparable properties
Rent covers ~ 77% of the payment
~ 511 €/mo rent · you top up ~ 150 €/mo