median 1,499 €/m² for comparable properties
Rent covers ~ 107% of the payment
~ 410 €/mo rent · pays for itself in ~ 17 yrs
~36,000 € ABOVE MARKET
overpriced
against the median for 2-room apartments in Vladislav Varnenchik 1 (337 properties)
Low investment rating
The rent covers 72% of the payment — you top up about 162 €/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 36,000 € above the typical price (the median) for 2-room apartments in Vladislav Varnenchik 1 (337 properties) — 2,079 €/m² against 1,499 €/m².
Two-room apartment in Varna, Vladislav Varnenchik 1 district, located on the 5th floor of 8 in a brick building.
The layout includes a living room with kitchenette, bedroom, bathroom with toilet, and terrace, providing functional use of the space.
The building is new, with an elevator and modern common areas, built with quality materials and offers amenities such as an outdoor parking space.
The location is convenient with good infrastructure, close to schools, kindergartens, parks, supermarkets, and transport connections.
The property is suitable for family use or investment for rental purposes, combining comfort and practicality.
With 20% down over 20 years the monthly mortgage payment is about 572 €, against an expected local rent of 410 €. The rent covers 72% of it.
Source: Market statistics for 2-room apartments in Vladislav Varnenchik 1
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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