median 1,582 €/m² for comparable properties
Rent covers ~ 157% of the payment
~ 652 €/mo rent · pays for itself in ~ 12 yrs
~33,000 € ABOVE MARKET
overpriced
against the median for 2-room apartments in Vladislav Varnenchik 2 (43 properties)
Good investment rating
The rent covers 150% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 13 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 33,000 € above the typical price (the median) for 2-room apartments in Vladislav Varnenchik 2 (43 properties) — 2,648 €/m² against 1,757 €/m².
Two-room apartment with an area of 37 sq m, located on the 11th floor in an EPK prefab building in the Vladislavovo district, Varna.
The layout includes a living room with kitchenette, bedroom with a work area, corridor with built-in wardrobe and laundry room, as well as a bathroom with toilet.
The building dates from 1980, has an elevator and is constructed using EPK technology. The apartment has been fully renovated with quality materials, equipped with modern appliances and features underfloor heating in the bathroom and the enclosed loggia.
The location is convenient, close to the post office, childcare facilities, school, hypermarket and public transport stops. There is free parking in the courtyard area.
The property is suitable for living or investment, offering a functional layout and good location in an urban environment.
With 20% down over 20 years the monthly mortgage payment is about 435 €, against an expected local rent of 652 €. The rent covers the whole payment (150%).
The asking price has fallen by 8,900 € (8.3%) since it was first listed.
Source: Market statistics for 2-room apartments in Vladislav Varnenchik 2
Derived from this specific property's data — not a generic checklist. Take them with you.
Is there still room to negotiate, and why has it not sold yet?
Because: The price has been cut 2 times — about 8% below the original asking price.
Have the risers been replaced, and when was the roof last repaired?
Because: The building dates from 1980 — about 46 years old.
Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.
Maximum sunlight throughout the day
The exact address hasn't been published by the seller — the map shows the neighbourhood.
median 1,582 €/m² for comparable properties
Rent covers ~ 157% of the payment
~ 652 €/mo rent · pays for itself in ~ 12 yrs
median 1,558 €/m² for comparable properties
Rent covers ~ 127% of the payment
~ 652 €/mo rent · pays for itself in ~ 15 yrs
median 1,558 €/m² for comparable properties
Rent covers ~ 103% of the payment
~ 652 €/mo rent · pays for itself in ~ 18 yrs
median 1,558 €/m² for comparable properties
Rent covers ~ 118% of the payment
~ 652 €/mo rent · pays for itself in ~ 16 yrs
median 1,582 €/m² for comparable properties
Rent covers ~ 278% of the payment
~ 652 €/mo rent · pays for itself in ~ 7 yrs
median 1,757 €/m² for comparable properties
Rent covers ~ 163% of the payment
~ 652 €/mo rent · pays for itself in ~ 11 yrs
median 1,757 €/m² for comparable properties
Rent covers ~ 134% of the payment
~ 652 €/mo rent · pays for itself in ~ 14 yrs
median 1,558 €/m² for comparable properties
Rent covers ~ 101% of the payment
~ 652 €/mo rent · pays for itself in ~ 19 yrs