−20% below market
median 2,770 €/m² for comparable properties
199,900 € 2,221 €/m²
Rent covers ~ 75% of the payment
~ 662 €/mo rent · you top up ~ 225 €/mo
Sale215,000 €3,909 €/m²
Expected rent662 € /mo
~62,500 € ABOVE MARKET
overpriced
against the median for apartments in Zavod Drujba (18 properties)
Area
55 m²
Floor
2 / 7
Construction
Brick
Year
2022
Yield analysis
Low investment rating
Monthly payment954 €20% down payment · 20 yrs · 3%
Expected rent662 €at market conditions for the neighbourhood
The rent covers 69% of the payment — you top up about 292 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 27 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.
Price history
2 changes since listing▼ 2.3% · 5,000 €
- 220,000 €
- 213,000 €▼ 7,000 € (3.2%)
- 215,000 €▲ 2,000 € (0.9%)
Property analysis
This apartment is priced about 62,500 € above the typical price (the median) for apartments in Zavod Drujba (18 properties) — 3,909 €/m² against 2,770 €/m².
The offered property is a two-room apartment in Varna, Zavod Druzhba district. It features a living area, bedroom, balcony accessible from both rooms, corridor, bathroom with toilet, and storage niche. The building is new-build from 2022, constructed with brick materials and includes an elevator. The location is close to key sites such as Primorski Municipality and Chataldzha, providing convenient access to urban infrastructure. The property is suitable both for living and for rental purposes, thanks to its functional layout and modern amenities.
With 20% down over 20 years the monthly mortgage payment is about 954 €, against an expected local rent of 662 €. The rent covers 69% of it.
The asking price has fallen by 5,000 € (2.3%) since it was first listed.
Pros and cons
AI summaryPros
- functional layout
- new-build
- elevator
- balcony
Cons
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
Layout
- living area
- bedroom
- balcony
- corridor
- bathroom
Amenities
- Elevator
Details
- Category
- Residential
- Rooms
- 2
- Bathrooms
- 1
- Furnishing
- Yes
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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