−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
Sale199,800 €1,850 €/m²
Expected rent964 € /mo
~51,500 € BELOW MARKET
good value
against the median for 3-room apartments in Briz (334 properties)
Area
108 m²
Floor
2 / 4
Construction
Brick
Year
2028
Yield analysis
Fair investment rating
Monthly payment886 €20% down payment · 20 yrs · 3%
Expected rent964 €at market conditions for the neighbourhood
The rent covers 109% 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 51,500 € below the typical price (the median) for 3-room apartments in Briz (334 properties) — 1,850 €/m² against 2,325 €/m².
Three-room apartment with an area of 108 sq m, located on the 2nd floor in a new brick building in the Briz district, Varna. The property includes an entrance hall, living room with kitchenette, two bedrooms, two bathrooms, and a terrace. One of the bedrooms has an en-suite bathroom, which improves the functionality of the layout. The building features an elevator, video surveillance, and controlled access, built in 2028 and is in very good condition. The location is close to a main boulevard and supermarket, with convenient access to the city center. The property offers sea and city views and is suitable both for living and as a rental investment.
With 20% down over 20 years the monthly mortgage payment is about 886 €, against an expected local rent of 964 €. The rent covers the whole payment (109%).
Pros and cons
AI summaryPros
- south aspect
- sea view
- new-build
- elevator and video surveillance
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 20% below the average for comparable properties.
Has Act 16 been issued, and what guarantees cover the common parts?
Because: The building dates from 2028.
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
- Video Surveillance
- Access Control
- Renovated
Exposure
AI summarySSouth
Maximum sunlight throughout the day
Details
- Category
- Residential
- Rooms
- 3
- Bathrooms
- 2
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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