median 1,499 €/m² for comparable properties
Rent covers ~ 107% of the payment
~ 410 €/mo rent · pays for itself in ~ 17 yrs
~63,000 € ABOVE MARKET
overpriced
against the median for 2-room apartments in Vladislav Varnenchik 1 (337 properties)
Low investment rating
The rent covers 64% of the payment — you top up about 228 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 29 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 63,000 € above the typical price (the median) for 2-room apartments in Vladislav Varnenchik 1 (337 properties) — 2,662 €/m² against 1,499 €/m².
Two-room apartment with an area of 54 sq m, located in the Vladislav Varnenchik district, Varna. The property is on the third floor of a 6-storey building with an elevator.
The layout includes an entrance hall, living room with kitchenette, separate bedroom, bathroom with toilet, and terrace. The apartment also has a basement storage room of 4.5 sq m.
The building is brick, built in 2015, with controlled access, video surveillance, and elevator. The apartment is renovated and furnished, with internet and security available.
The location is convenient with good infrastructure, close to shops, schools, kindergartens, and public transport. The area is preferred for living.
The apartment is suitable both for personal use and as an investment for rental purposes.
With 20% down over 20 years the monthly mortgage payment is about 638 €, against an expected local rent of 410 €. The rent covers 64% of it.
Source: Market statistics for 2-room apartments in Vladislav Varnenchik 1
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
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