median 1,499 €/m² for comparable properties
Rent covers ~ 107% of the payment
~ 410 €/mo rent · pays for itself in ~ 17 yrs
~45,500 € ABOVE MARKET
overpriced
against the median for 2-room apartments in Vladislav Varnenchik 1 (337 properties)
Low investment rating
The rent covers 71% of the payment — you top up about 165 €/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.
This apartment is priced about 45,500 € above the typical price (the median) for 2-room apartments in Vladislav Varnenchik 1 (337 properties) — 2,312 €/m² against 1,499 €/m².
The offered property is a two-room apartment with an area of 56 sq m, located in Varna, Vladislav Varnenchik district. The layout includes a living area with kitchen, bedroom, bathroom with toilet, and a terrace with south aspect. The building is brick, with a total of 10 floors, and the apartment is on the 7th floor with an available elevator. The property is renovated and ready to move in, which facilitates its use. The location is close to commercial outlets such as Kaufland, providing convenient access to daily services. The apartment is suitable for people seeking a functional home with a good location and amenities.
With 20% down over 20 years the monthly mortgage payment is about 575 €, against an expected local rent of 410 €. The rent covers 71% 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