+34% above market
median 1,463 €/m² for comparable properties
149,900 € 1,611 €/m²
Rent covers ~ 75% of the payment
~ 500 €/mo rent · you top up ~ 165 €/mo
Sale130,000 €2,407 €/m²
Expected rent410 € /mo
~49,000 € ABOVE MARKET
overpriced
against the median for 2-room apartments in Vladislav Varnenchik 1 (337 properties)
Area
54 m²
Floor
4 / 7
Construction
Brick
Year
2024
Yield analysis
Low investment rating
Monthly payment577 €20% down payment · 20 yrs · 3%
Expected rent410 €at market conditions for the neighbourhood
The rent covers 71% of the payment — you top up about 167 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 26 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 49,000 € above the typical price (the median) for 2-room apartments in Vladislav Varnenchik 1 (337 properties) — 2,407 €/m² against 1,499 €/m².
The offered property is a two-room apartment in Varna, Vladislav Varnenchik 1 district, located on the 4th floor of 7 in a new brick building from 2024.
The apartment includes a living room with kitchenette, bedroom, bathroom with toilet, corridor and a terrace with south aspect and view of Varna Lake.
The building is new, with Act 16, equipped with two elevators and built with quality materials. The property is fully furnished with new furniture and appliances, which are under warranty.
The location is close to large retail outlets such as Jumbo and Kaufland, with free parking available near the building.
This apartment is suitable for people seeking a functional and sunny property with amenities in an urban environment.
With 20% down over 20 years the monthly mortgage payment is about 577 €, against an expected local rent of 410 €. The rent covers 71% of it.
Source: Market statistics for 2-room apartments in Vladislav Varnenchik 1
Pros and cons
AI summaryPros
- south aspect
- new brick building
- lake view
- free parking
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.
What feedback have previous viewers given?
Because: We have been tracking this listing for about 212 days.
Is there a lift in the building, and what condition is it in?
Because: The property is on floor 4 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
- living room with kitchenette
- bedroom
- bathroom with toilet
- corridor
- terrace
- basement
Exposure
AI summarySSouth
Maximum sunlight throughout the day
Details
- Category
- Residential
- Rooms
- 2
- Bathrooms
- 1
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
Similar properties nearby
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median 1,499 €/m² for comparable properties
86,000 € 1,653 €/m²
Rent covers ~ 107% of the payment
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median 1,463 €/m² for comparable properties
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At market level
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