+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
Sale159,900 €1,974 €/m²
Expected rent509 € /mo
~18,500 € ABOVE MARKET
above market
against the median for 2-room apartments in Vinica (486 properties)
Area
81 m²
Floor
2 / 5
Construction
Brick
Year
2024
Yield analysis
Low investment rating
Monthly payment709 €20% down payment · 20 yrs · 3%
Expected rent509 €at market conditions for the neighbourhood
The rent covers 72% of the payment — you top up about 200 €/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.
Property analysis
This apartment is priced about 18,500 € above the typical price (the median) for 2-room apartments in Vinica (486 properties) — 1,974 €/m² against 1,747 €/m².
This is a two-room apartment with an area of 81 sq m, located in Vinitsa, Varna. The property is on the second floor of a new building from 2024 with an elevator. The layout includes one bedroom, a living room suitable for furnishing, and a bathroom with toilet, providing functionality and comfort. The building is brick, constructed with modern materials and energy efficiency, equipped with an elevator and contemporary amenities. The district is quiet and green, with good infrastructure, close to the sea and easy access to Varna city centre. The property is suitable for permanent residence or investment, combining convenience and tranquility.
With 20% down over 20 years the monthly mortgage payment is about 709 €, against an expected local rent of 509 €. The rent covers 72% of it.
Pros and cons
AI summaryPros
- new-build
- elevator
- functional layout
- good location
Cons
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
Layout
- bedroom
- living room
Amenities
- Elevator
Details
- Category
- Residential
- Rooms
- 2
- Bathrooms
- 1
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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