+32% above market
median 1,459 €/m² for comparable properties
149,900 € 1,611 €/m²
Rent covers ~ 75% of the payment
~ 500 €/mo rent · you top up ~ 165 €/mo
Sale112,900 €2,171 €/m²
Expected rent410 € /mo
~35,000 € ABOVE MARKET
overpriced
against the median for 2-room apartments in Vladislav Varnenchik 1 (337 properties)
Area
52 m²
Floor
2 / 5
Construction
Panel
Year
1991
Yield analysis
Fair investment rating
Monthly payment501 €20% down payment · 20 yrs · 3%
Expected rent410 €at market conditions for the neighbourhood
The rent covers 82% of the payment — you top up about 91 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 23 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 35,000 € above the typical price (the median) for 2-room apartments in Vladislav Varnenchik 1 (337 properties) — 2,171 €/m² against 1,499 €/m².
Two-room apartment with an area of 52 sq m, located in Varna, Vladislav Varnenchik district. The property is on the second floor of a five-storey prefab panel building with an elevator.
The layout includes a living room with kitchenette, a spacious bedroom, corridor, and bathroom with toilet, providing convenience and functionality. There is also a basement storage room, adding extra space for storage.
The building was constructed in 1991, is maintained, and features an elevator and access control. The property has a south aspect, which contributes to lower heating costs.
The location is quiet yet well connected, close to schools, kindergartens, shops, and public transport stops.
The apartment is suitable both as a family home and as an investment for rental purposes, thanks to the functional layout and local amenities.
With 20% down over 20 years the monthly mortgage payment is about 501 €, against an expected local rent of 410 €. The rent covers 82% of it.
Source: Market statistics for 2-room apartments in Vladislav Varnenchik 1
Pros and cons
AI summaryPros
- south aspect
- elevator
- access control
- close to schools
Cons
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
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.
Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.
Layout
- living room
- kitchenette
- bedroom
- corridor
- bathroom
Amenities
- Elevator
- With Parking
- Access Control
- Renovated
- Tax Credit Option
Exposure
AI summarySSouth
Maximum sunlight throughout the day
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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