median 1,499 €/m² for comparable properties
Rent covers ~ 107% of the payment
~ 410 €/mo rent · pays for itself in ~ 17 yrs
~16,500 € ABOVE MARKET
above market
against the median for 2-room apartments in Vladislav Varnenchik 1 (337 properties)
Fair investment rating
The rent covers 86% of the payment — you top up about 69 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 22 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 16,500 € above the typical price (the median) for 2-room apartments in Vladislav Varnenchik 1 (337 properties) — 1,770 €/m² against 1,499 €/m².
The offered property is a two-room apartment with an area of 61 sq m, located in the Vladislavovo district, Varna city. It is situated on the first floor of a prefab panel building from 1980.
The layout includes an L-shaped corridor with a niche for a laundry room or built-in wardrobe, kitchen with access to a terrace, bedroom, living room with access to a second terrace, and a bathroom. There is an adjacent basement storage room. It is possible to create a three-room apartment through reconstruction.
The building is prefab panel, which implies standard construction from the period, and the apartment requires renovation, allowing adaptation according to personal preferences and needs.
The location is convenient, close to the local market and public transport stop, providing good connectivity and access to essential services.
The property is suitable for buyers looking for a home with customization potential and a good location in Varna city.
With 20% down over 20 years the monthly mortgage payment is about 479 €, against an expected local rent of 410 €. The rent covers 86% 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 feedback have previous viewers given?
Because: We have been tracking this listing for about 225 days.
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.
Have the risers been replaced, and when was the roof last repaired?
Because: The building dates from 1980 — about 46 years old.
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