+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
Sale195,000 €2,321 €/m²
Expected rent749 € /mo
~62,000 € ABOVE MARKET
overpriced
against the median for 3-room apartments in Vinica (448 properties)
Area
84 m²
Floor
2 / 5
Construction
Brick
Year
2012
Yield analysis
Fair investment rating
Monthly payment865 €20% down payment · 20 yrs · 3%
Expected rent749 €at market conditions for the neighbourhood
The rent covers 87% of the payment — you top up about 116 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 22 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 62,000 € above the typical price (the median) for 3-room apartments in Vinica (448 properties) — 2,321 €/m² against 1,582 €/m².
The apartment is located in Vinitsa, Varna and is part of a residential building with brick construction from 2012. It is situated on the 2nd floor of 5 with an elevator. The layout includes a spacious living room with kitchen, bedroom, bathroom with toilet, and three terraces with sea views. The apartment has a southeast aspect, providing good natural light. The building is constructed with quality materials and well maintained, with the apartment furnished and ready to move in. The location is convenient, close to public transport, schools, kindergartens, and a hospital, offering a quiet and functional living environment. The property is suitable both for personal use and as an investment, thanks to the balance between amenities and location.
With 20% down over 20 years the monthly mortgage payment is about 865 €, against an expected local rent of 749 €. The rent covers 87% of it.
Pros and cons
AI summaryPros
- southeast aspect
- sea view
- quality construction
- elevator
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
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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