−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
Sale369,000 €2,952 €/m²
Expected rent964 € /mo
~78,500 € ABOVE MARKET
overpriced
against the median for 3-room apartments in Briz (334 properties)
Area
125 m²
Floor
11 / 12
Construction
Brick
Yield analysis
Low investment rating
Monthly payment1,637 €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 673 €/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 78,500 € above the typical price (the median) for 3-room apartments in Briz (334 properties) — 2,952 €/m² against 2,325 €/m².
The offered three-room apartment is located in the gated complex Panorama Park, one of the preferred areas in the Briz district, Varna. The property has an area of 125 sq m and features a spacious living room, a functional kitchen, two bedrooms, and a balcony with a panoramic view. The complex provides access control, video surveillance, and well-maintained green areas, contributing to a peaceful and secure environment. The location offers convenient access to schools, shops, transport, and the Sea Garden. The apartment is suitable for family living and investment, combining comfort and functionality.
With 20% down over 20 years the monthly mortgage payment is about 1,637 €, against an expected local rent of 964 €. The rent covers 59% of it.
This property is advertised in 2 offers, all from the same agency. The gap between the cheapest and the dearest is 6,000 €. It has been listed for 235 days.
Pros and cons
AI summaryPros
- panoramic view
- gated complex
- good location
- functional layout
Cons
- high floor
Questions for the viewing
Only on imotesaDerived from this specific property's data — not a generic checklist. Take them with you.
Which price is the real one, and who am I negotiating with?
Because: The property appears in 2 listings, and the prices differ by about 2%.
What feedback have previous viewers given?
Because: We have been tracking this listing for about 235 days.
Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.
Layout
- living room
- kitchen
- bedroom
- bedroom
- balcony/terrace
- bathroom
- entrance hall
Amenities
- Elevator
- Video Surveillance
- Access Control
- Gated Community
Exposure
AI summarySSouth
Maximum sunlight throughout the day
Details
- Category
- Residential
- Rooms
- 3
- Bathrooms
- 1
- Furnishing
- Yes
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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