−19% below market
median 2,415 €/m² for comparable properties
305,000 € 1,967 €/m²
Rent covers ~ 105% of the payment
~ 1,423 €/mo rent · pays for itself in ~ 18 yrs
Sale350,000 €3,500 €/m²
Expected rent963 € /mo
~117,500 € ABOVE MARKET
overpriced
against the median for 3-room apartments in Briz (330 properties)
Area
100 m²
Floor
5 / 12
Construction
Brick
Yield analysis
Low investment rating
Monthly payment1,553 €20% down payment · 20 yrs · 3%
Expected rent963 €at market conditions for the neighbourhood
The rent covers 62% of the payment — you top up about 590 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 30 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 117,500 € above the typical price (the median) for 3-room apartments in Briz (330 properties) — 3,500 €/m² against 2,324 €/m².
Three-room apartment in the city of Varna, Briz district, part of the Panorama Park complex.
The layout includes a living room with kitchen area and dining space, two bedrooms, a bathroom with toilet, separate toilet, and terrace. The spacious rooms and large windows provide good natural light.
The building is brick-built with access control, elevator, video surveillance, and security. The common areas are well maintained.
The complex is located in a quiet and green area with quick access to the city center, Sea Garden, schools, and shops. It offers underground parking and playgrounds.
The property is suitable for family living with a convenient location and functional layout.
With 20% down over 20 years the monthly mortgage payment is about 1,553 €, against an expected local rent of 963 €. The rent covers 62% of it.
Pros and cons
AI summaryPros
- functional layout
- access control
- terrace
- elevator
Cons
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
Layout
- living room
- bedroom
- bedroom
Amenities
- Elevator
- Video Surveillance
- Access Control
- Security
Details
- Category
- Residential
- Rooms
- 3
- Bathrooms
- 2
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
Similar properties nearby
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At market level
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At market level
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median 2,364 €/m² for comparable properties
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