At market level
median 1,972 €/m² for comparable properties
176,000 € 2,000 €/m²
Rent covers ~ 70% of the payment
~ 550 €/mo rent · you top up ~ 231 €/mo
Sale169,600 €1,630 €/m²
Expected rent659 € /mo
~82,500 € BELOW MARKET
good value
against the median for 3-room apartments in Bazar Levski (26 properties)
Area
104 m²
Floor
8 / 8
Construction
Brick
Yield analysis
Fair investment rating
Monthly payment752 €20% down payment · 20 yrs · 3%
Expected rent659 €at market conditions for the neighbourhood
The rent covers 88% of the payment — you top up about 93 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 21 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.
Property analysis
This apartment is priced about 82,500 € below the typical price (the median) for 3-room apartments in Bazar Levski (26 properties) — 1,630 €/m² against 2,425 €/m².
Three-room apartment with an area of 104 sq m, located in the city of Varna, Bazar Levski district. The property is on the top, 8th floor of a brick building.
The layout includes three rooms with a south aspect, providing good natural light and comfort throughout the day.
The building is brick, and the property has Act 15 status, which implies the need for finishing works and installation equipment.
The location is convenient, close to the Second Campus of the University of Economics, Language High School, kindergartens, and public transport stops.
The property is suitable both for personal use and as an investment for rental due to its good location and functional layout.
With 20% down over 20 years the monthly mortgage payment is about 752 €, against an expected local rent of 659 €. The rent covers 88% of it.
Source: Market statistics for 3-room apartments in Bazar Levski
Pros and cons
AI summaryPros
- south aspect
- functional layout
- close to schools
- brick construction
Cons
- top floor
- needs finishing works
Questions for the viewing
Only on imotesaDerived from this specific property's data — not a generic checklist. Take them with you.
Why is this priced below comparable properties? Is there anything that could affect the sale?
Because: The price per m² is about 33% below the average for comparable properties.
What condition is the roof in, and does it overheat in summer?
Because: The property is on the top floor.
Is there a lift in the building, and what condition is it in?
Because: The property is on floor 8 and the listing does not mention a lift.
Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.
Layout
- bedroom
- bedroom
- bedroom
Details
- Category
- Residential
- Rooms
- 3
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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