−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
Sale370,000 €3,425 €/m²
Expected rent964 € /mo
~119,000 € ABOVE MARKET
overpriced
against the median for 3-room apartments in Briz (334 properties)
Area
108 m²
Floor
10 / 17
Construction
Brick
Year
2024
Yield analysis
Low investment rating
Monthly payment1,642 €20% down payment · 20 yrs · 3%
Expected rent964 €at market conditions for the neighbourhood
The rent covers 59% of the payment — you top up about 678 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 32 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 119,000 € above the typical price (the median) for 3-room apartments in Briz (334 properties) — 3,425 €/m² against 2,325 €/m².
The offered property is a three-room apartment in the Briz district, Varna. It features a spacious living room with kitchen and a panoramic terrace with sea view, two bedrooms, and two bathrooms with toilets. The apartment has a southeast-northwest aspect and is located on the 10th floor of 17 in a new brick building. The building is equipped with an elevator, access control, and video surveillance. The area offers convenient transport links, proximity to the Sea Garden, shops, schools, and playgrounds. The apartment is suitable for those seeking functional layout and amenities in an urban environment.
With 20% down over 20 years the monthly mortgage payment is about 1,642 €, against an expected local rent of 964 €. The rent covers 59% of it.
Pros and cons
AI summaryPros
- functional layout
- panoramic terrace
- new-build
- elevator and access control
Cons
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
Layout
- living room
- kitchen
- bedroom
- bedroom
- bathroom
- bathroom
- corridor
Amenities
- Elevator
- With Parking
- Internet Connection
- Video Surveillance
- Access Control
Exposure
AI summarySSouth
Maximum sunlight throughout the day
WWest
Afternoon and evening sun
Details
- Category
- Residential
- Rooms
- 3
- Bathrooms
- 2
- Furnishing
- Yes
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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