median 1,499 €/m² for comparable properties
Rent covers ~ 107% of the payment
~ 410 €/mo rent · pays for itself in ~ 17 yrs
~23,000 € ABOVE MARKET
overpriced
against the median for 2-room apartments in Vladislav Varnenchik 1 (337 properties)
Fair investment rating
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.
This apartment is priced about 23,000 € above the typical price (the median) for 2-room apartments in Vladislav Varnenchik 1 (337 properties) — 1,883 €/m² against 1,499 €/m².
The apartment is located in the city of Varna, Vladislav Varnenchik residential complex, building 7. It features a functional layout of 60 sq m, including a living room with access to a terrace, a kitchen with an enclosed terrace, a large bedroom, and a combined bathroom. The property is on the first floor of a prefab panel block with an elevator and controlled access. The construction is prefab panel, and the apartment needs renovation but has partial improvements such as replaced window frames in the kitchen, laminate flooring in the living room, and air conditioning. The area has convenient infrastructure, close to public transport stops, schools, kindergartens, and shops. The property is suitable for family use with good connection to the city centre and nearby 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
Derived 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.
Is there damp, is there enough daylight, and what is the noise like?
Because: The property is on the first floor.
Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.
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