At market level
median 1,499 €/m² for comparable properties
86,000 € 1,653 €/m²
Rent covers ~ 107% of the payment
~ 410 €/mo rent · pays for itself in ~ 17 yrs
Sale109,900 €2,616 €/m²
Expected rent410 € /mo
~47,000 € ABOVE MARKET
overpriced
against the median for 2-room apartments in Vladislav Varnenchik 1 (337 properties)
Area
42 m²
Floor
5 / 7
Construction
Panel
Year
1980
Yield analysis
Fair investment rating
Monthly payment488 €20% down payment · 20 yrs · 3%
Expected rent410 €at market conditions for the neighbourhood
The rent covers 84% of the payment — you top up about 78 €/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 47,000 € above the typical price (the median) for 2-room apartments in Vladislav Varnenchik 1 (337 properties) — 2,616 €/m² against 1,499 €/m².
2-room apartment in the city of Varna, Vladislav Varnenchik district, located on the 5th floor of 7 in a prefab panel building.
The layout includes a corridor, living room with kitchenette, bedroom with access to a terrace, and bathroom with toilet. The property also has a basement storage room.
The building is prefab panel from 1980, with an elevator and a middle floor, which provides better thermal and sound insulation. The apartment has undergone full renovation and is furnished.
The district offers amenities such as kindergartens, schools, nurseries, shops, and nearby bus stops.
The property is suitable for family use with a balanced ratio between functionality and location.
With 20% down over 20 years the monthly mortgage payment is about 488 €, against an expected local rent of 410 €. The rent covers 84% of it.
Source: Market statistics for 2-room apartments in Vladislav Varnenchik 1
Pros and cons
AI summaryPros
- after full renovation
- elevator
- terrace
- close to schools
Cons
- prefab panel construction
Questions for the viewing
Only on imotesaDerived from this specific property's data — not a generic checklist. Take them with you.
Has the block been insulated under the renovation programme, and is there paperwork for it?
Because: Prefabricated panel construction.
Have the risers been replaced, and when was the roof last repaired?
Because: The building dates from 1980 — about 46 years old.
Is there a lift in the building, and what condition is it in?
Because: The property is on floor 5 and the listing does not mention a lift.
Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.
Layout
- corridor
- living room
- bedroom
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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