+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
Sale99,900 €1,665 €/m²
Expected rent500 € /mo
~12,500 € ABOVE MARKET
above market
against the median for 3-room apartments in Vladislav Varnenchik 1 (297 properties)
Area
60 m²
Floor
3 / 9
Construction
Panel
Yield analysis
Good investment rating
Monthly payment443 €20% down payment · 20 yrs · 3%
Expected rent500 €at market conditions for the neighbourhood
The rent covers 113% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 17 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 12,500 € above the typical price (the median) for 3-room apartments in Vladislav Varnenchik 1 (297 properties) — 1,665 €/m² against 1,459 €/m².
Two-room apartment in the district of Vladislav Varnenchik, city of Varna.
The layout includes a corridor, living room, bedroom, kitchen, bathroom, toilet and terrace, allowing for various renovation options.
The building is a prefab panel construction with an elevator; the apartment requires full renovation, offering the opportunity for customization.
The district offers good infrastructure with easy access to schools, kindergartens, supermarkets and public transport.
The property is suitable for living or investment due to its location and functionality.
With 20% down over 20 years the monthly mortgage payment is about 443 €, against an expected local rent of 500 €. The rent covers the whole payment (113%).
Source: Market statistics for 3-room apartments in Vladislav Varnenchik 1
Pros and cons
AI summaryPros
- functional layout
- elevator
- good location
Cons
- needs full renovation
Questions for the viewing
Only on imotesaDerived from this specific property's data — not a generic checklist. Take them with you.
What is the scope of the work, and are there hidden problems with the wiring or plumbing?
Because: The listing states that the property needs renovation.
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
- corridor
- living room
- bedroom
- kitchen
- bathroom
- toilet
- terrace
Amenities
- Elevator
- Renovated
- Needs Renovation
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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