median 1,540 €/m² for comparable properties
Rent covers ~ 101% of the payment
~ 652 €/mo rent · pays for itself in ~ 19 yrs
~9,500 € BELOW MARKET
good value
against the median for 2-room apartments in Vladislav Varnenchik 2 (39 properties)
Strong investment rating
The rent covers 175% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 11 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 9,500 € below the typical price (the median) for 2-room apartments in Vladislav Varnenchik 2 (39 properties) — 1,527 €/m² against 1,702 €/m².
The offered two-room apartment is part of a new brick building located in a preferred area of Varna, 50 meters from the post office. The property has an area of 55 sq m and is situated on the fourth of five floors. The layout includes an entrance hall, bathroom with toilet, living area with kitchen section and space for soft furniture and dining, as well as a bedroom, both with access to a panoramic terrace. The apartment is delivered according to BDS standards, allowing the buyer to finish it according to personal preferences. The location provides convenient access to main roads, administrative institutions, schools, kindergartens, shops, and transport connections. The construction is new and uses high-quality materials.
With 20% down over 20 years the monthly mortgage payment is about 373 €, against an expected local rent of 652 €. The rent covers the whole payment (175%).
Source: Market statistics for 2-room apartments in Vladislav Varnenchik 2
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The exact address hasn't been published by the seller — the map shows the neighbourhood.
median 1,540 €/m² for comparable properties
Rent covers ~ 101% of the payment
~ 652 €/mo rent · pays for itself in ~ 19 yrs
median 1,702 €/m² for comparable properties
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Rent covers ~ 118% of the payment
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median 1,702 €/m² for comparable properties
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~ 652 €/mo rent · pays for itself in ~ 13 yrs
median 1,540 €/m² for comparable properties
Rent covers ~ 118% of the payment
~ 652 €/mo rent · pays for itself in ~ 16 yrs
median 1,540 €/m² for comparable properties
Rent covers ~ 103% of the payment
~ 652 €/mo rent · pays for itself in ~ 18 yrs