−24% below market
median 2,325 €/m² for comparable properties
219,900 € 1,773 €/m²
Rent covers ~ 99% of the payment
~ 964 €/mo rent · you top up ~ 12 €/mo
Sale195,000 €1,930 €/m²
Expected rent964 € /mo
~40,000 € BELOW MARKET
good value
against the median for 3-room apartments in Briz (334 properties)
Area
101 m²
Floor
5 / 5
Construction
Brick
Year
2026
Yield analysis
Fair investment rating
Monthly payment865 €20% down payment · 20 yrs · 3%
Expected rent964 €at market conditions for the neighbourhood
The rent covers 111% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 17 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 40,000 € below the typical price (the median) for 3-room apartments in Briz (334 properties) — 1,930 €/m² against 2,325 €/m².
3-room apartment in Briz district, Varna city, located on the top floor.
The layout includes a spacious living room with kitchenette, two separate bedrooms, and a terrace.
The building is new brick construction from 2026, with an elevator and parking space in a gated complex.
The location is close to Cherry by Mary, providing amenities and access to urban infrastructure.
The property is suitable both for living and investment, thanks to the functional layout and modern construction standards.
With 20% down over 20 years the monthly mortgage payment is about 865 €, against an expected local rent of 964 €. The rent covers the whole payment (111%).
Pros and cons
AI summaryPros
- functional layout
- new brick building
- elevator
- parking space
Cons
- top floor
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 17% below the average for comparable properties.
Has Act 16 been issued, and what guarantees cover the common parts?
Because: The building dates from 2026.
What condition is the roof in, and does it overheat in summer?
Because: The property is on the top floor.
Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.
Layout
- living room
- bedroom
- bedroom
Amenities
- Elevator
- With Parking
- Renovated
- Gated Community
Details
- Category
- Residential
- Rooms
- 3
- Bathrooms
- 1
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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