median 1,499 €/m² for comparable properties
Rent covers ~ 107% of the payment
~ 410 €/mo rent · pays for itself in ~ 17 yrs
~64,500 € BELOW MARKET
far below market
against the median for 2-room apartments in Vladislav Varnenchik 1 (337 properties)
A price this far below the market usually has a reason the listing does not mention — encumbrances or an error in the ad.
Fair investment rating
The rent covers 99% of the payment — you top up about 3 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 19 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 64,500 € below the typical price (the median) for 2-room apartments in Vladislav Varnenchik 1 (337 properties) — 885 €/m² against 1,499 €/m². A price this far below the market usually has a reason the listing does not mention — encumbrances or an error in the ad.
Two-room apartment in the city of Varna, district Vladislav Varnenchik, part of a new building at an early stage of construction.
The layout includes a spacious living room of about 26 sq m, a bedroom of 18.9 sq m, an entrance hall, a storage room and a bathroom with toilet, as well as a veranda that adds extra space.
The building is brick, construction starts in 2027, and the apartment is located on the first floor of a five-storey building. Given the new build, modern installations and materials are expected.
The location is convenient, close to a public transport stop and grocery stores, providing easy access to daily amenities.
The property is suitable for people looking for housing in an urban environment with a functional layout and the possibility of installment payments.
With 20% down over 20 years the monthly mortgage payment is about 413 €, against an expected local rent of 410 €. The rent covers 99% of it.
Source: Market statistics for 2-room apartments in Vladislav Varnenchik 1
Derived from this specific property's data — not a generic checklist. Take them with you.
Why is this priced below comparable properties? Is there anything that could affect the sale?
Because: The price per m² is about 41% below the average for comparable properties.
What feedback have previous viewers given?
Because: We have been tracking this listing for about 600 days.
Does it have its Act 16 occupancy permit, and if not, when is it expected?
Because: The building is advertised as under construction.
Is there damp, is there enough daylight, and what is the noise like?
Because: The property is on the first floor.
Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.
The exact address hasn't been published by the seller — the map shows the neighbourhood.
median 1,499 €/m² for comparable properties
Rent covers ~ 107% of the payment
~ 410 €/mo rent · pays for itself in ~ 17 yrs
median 1,463 €/m² for comparable properties
Rent covers ~ 78% of the payment
~ 500 €/mo rent · you top up ~ 143 €/mo
median 1,499 €/m² for comparable properties
Rent covers ~ 107% of the payment
~ 410 €/mo rent · pays for itself in ~ 17 yrs
median 1,463 €/m² for comparable properties
Rent covers ~ 87% of the payment
~ 500 €/mo rent · you top up ~ 76 €/mo
median 1,499 €/m² for comparable properties
Rent covers ~ 118% of the payment
~ 410 €/mo rent · pays for itself in ~ 16 yrs
median 1,499 €/m² for comparable properties
Rent covers ~ 104% of the payment
~ 410 €/mo rent · pays for itself in ~ 18 yrs
median 1,463 €/m² for comparable properties
Rent covers ~ 87% of the payment
~ 500 €/mo rent · you top up ~ 77 €/mo
median 1,499 €/m² for comparable properties
Rent covers ~ 97% of the payment
~ 410 €/mo rent · you top up ~ 11 €/mo