−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
Sale365,000 €2,786 €/m²
Expected rent964 € /mo
~60,500 € ABOVE MARKET
above market
against the median for 3-room apartments in Briz (334 properties)
Area
131 m²
Floor
3 / 6
Construction
Brick
Year
2023
Yield analysis
Low investment rating
Monthly payment1,619 €20% down payment · 20 yrs · 3%
Expected rent964 €at market conditions for the neighbourhood
The rent covers 60% of the payment — you top up about 655 €/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 60,500 € above the typical price (the median) for 3-room apartments in Briz (334 properties) — 2,786 €/m² against 2,325 €/m².
Three-room apartment in Varna city, Briz district, located on the third floor of a six-storey building. The property has a floor area of 102 sq m and includes two terraces.
The layout includes a spacious living area with kitchen and dining space, two separate bedrooms, a niche for a washing machine, a bathroom with toilet, and a separate toilet. The aspect is south-facing towards the living room and northeast-facing towards the bedrooms, providing good natural light.
The building is new brick construction from 2023, with an elevator and controlled access. Quality materials and high-end appliances have been used, and the common areas are well maintained.
The Briz district offers a quiet residential environment close to the Sea Garden, schools and amenities, as well as easy access to Varna city centre.
The property is suitable as a family home with conveniences and a good location combining comfort and functionality.
With 20% down over 20 years the monthly mortgage payment is about 1,619 €, against an expected local rent of 964 €. The rent covers 60% of it.
Pros and cons
AI summaryPros
- functional layout
- two terraces
- quality materials
- garage / parking space
Cons
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
Exposure
AI summarySSouth
Maximum sunlight throughout the day
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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