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
Sale205,000 €1,708 €/m²
Expected rent692 € /mo
~31,500 € BELOW MARKET
good value
against the median for 3-room apartments in Bazar Levski (198 properties)
Area
120 m²
Floor
6 / 8
Construction
Brick
Yield analysis
Fair investment rating
Monthly payment910 €20% down payment · 20 yrs · 3%
Expected rent692 €at market conditions for the neighbourhood
The rent covers 76% of the payment — you top up about 218 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 25 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 31,500 € below the typical price (the median) for 3-room apartments in Bazar Levski (198 properties) — 1,708 €/m² against 1,971 €/m².
Three-room apartment in the city of Varna, Bazar Levski district, located on the 6th floor of 8 in a brick building with an elevator. The layout includes a living room, dining area with kitchenette, two bedrooms and two terraces, as well as an adjoining basement storage room. The building has maintained common areas and is built of bricks, providing good thermal insulation. The location is convenient, close to kindergartens, schools, shops and public transport stops. The property is suitable both for living and for investment with the purpose of renting out.
With 20% down over 20 years the monthly mortgage payment is about 910 €, against an expected local rent of 692 €. The rent covers 76% of it.
Source: Market statistics for 3-room apartments in Bazar Levski
Pros and cons
AI summaryPros
- functional layout
- two terraces
- elevator
- close to public transport
Cons
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
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 13% below the average for comparable properties.
Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.
Layout
- living room
- dining area
- kitchenette
- bedroom
- bedroom
Amenities
- Elevator
Details
- Category
- Residential
- Rooms
- 3
- Furnishing
- Yes
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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