−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
Sale340,000 €3,366 €/m²
Expected rent964 € /mo
~105,000 € ABOVE MARKET
overpriced
against the median for 3-room apartments in Briz (334 properties)
Area
101 m²
Floor
3 / 6
Construction
Brick
Year
2023
Yield analysis
Low investment rating
Monthly payment1,509 €20% down payment · 20 yrs · 3%
Expected rent964 €at market conditions for the neighbourhood
The rent covers 64% of the payment — you top up about 545 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 29 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 105,000 € above the typical price (the median) for 3-room apartments in Briz (334 properties) — 3,366 €/m² against 2,325 €/m².
Three-room apartment in the Briz district, Varna, part of a new complex with controlled access.
The layout includes a spacious living room with kitchen area, two bedrooms, laundry room with storage, bathroom with toilet, and a terrace with a view.
The building is new brick construction from 2023, with elevator and shared green areas; the apartment is finished to BDS standards, ready for final works.
The area offers convenient access, close to the Sea Garden, schools and transport, combining urban environment and nature.
The property is suitable for a family seeking comfort and tranquility in a gated complex with good infrastructure.
With 20% down over 20 years the monthly mortgage payment is about 1,509 €, against an expected local rent of 964 €. The rent covers 64% of it.
Pros and cons
AI summaryPros
- functional layout
- southwest aspect
- new-build
- 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
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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