median 2,325 €/m² for comparable properties
Rent covers ~ 99% of the payment
~ 967 €/mo rent · you top up ~ 9 €/mo
~88,000 € ABOVE MARKET
overpriced
against the median for 3-room apartments in Briz (334 properties)
Low investment rating
The rent covers 61% of the payment — you top up about 630 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 31 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.
This apartment is priced about 88,000 € above the typical price (the median) for 3-room apartments in Briz (334 properties) — 3,076 €/m² against 2,325 €/m².
The offered property is a three-room apartment in the Briz district, Varna. It has a total area of about 96.42 sq m and is located on the 11th floor of 12 in a brick building.
The internal layout includes a spacious living room with kitchen and dining area, which have access to a terrace, two separate bedrooms, a bathroom with toilet, a separate toilet, corridor and a basement storage room. The apartment is new, has not been inhabited and is offered fully furnished and equipped, ready to move in.
The building is part of a modern residential complex with controlled access and well-maintained common areas, which contributes to comfort and security. The construction materials used are brick, which guarantees better insulation and durability.
The location is quiet and green, with convenient access to the center of Varna, the Sea Garden, schools, shops and public transport stops. This makes the property suitable both for living and for investment.
With 20% down over 20 years the monthly mortgage payment is about 1,597 €, against an expected local rent of 967 €. The rent covers 61% of it.
The asking price has fallen by 9,000 € (2.4%) since it was first listed.
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
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The exact address hasn't been published by the seller — the map shows the neighbourhood.
median 2,325 €/m² for comparable properties
Rent covers ~ 99% of the payment
~ 967 €/mo rent · you top up ~ 9 €/mo
median 2,364 €/m² for comparable properties
Rent covers ~ 95% of the payment
~ 726 €/mo rent · you top up ~ 41 €/mo
median 2,364 €/m² for comparable properties
Rent covers ~ 131% of the payment
~ 726 €/mo rent · pays for itself in ~ 14 yrs
median 2,364 €/m² for comparable properties
Rent covers ~ 94% of the payment
~ 726 €/mo rent · you top up ~ 50 €/mo
median 2,364 €/m² for comparable properties
Rent covers ~ 88% of the payment
~ 726 €/mo rent · you top up ~ 95 €/mo
median 2,364 €/m² for comparable properties
Rent covers ~ 94% of the payment
~ 726 €/mo rent · you top up ~ 50 €/mo
median 2,325 €/m² for comparable properties
Rent covers ~ 65% of the payment
~ 967 €/mo rent · you top up ~ 519 €/mo
median 2,325 €/m² for comparable properties
Rent covers ~ 68% of the payment
~ 967 €/mo rent · you top up ~ 453 €/mo