−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
Sale339,000 €2,245 €/m²
Expected rent964 € /mo
AT MARKET LEVEL
fairly priced
against the median for 3-room apartments in Briz (334 properties)
Area
151 m²
Floor
2 / 4
Construction
Brick
Year
2024
Yield analysis
Low investment rating
Monthly payment1,504 €20% down payment · 20 yrs · 3%
Expected rent964 €at market conditions for the neighbourhood
The rent covers 64% of the payment — you top up about 540 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 29 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 at the typical price (the median) for 3-room apartments in Briz (334 properties) — 2,245 €/m² against 2,325 €/m².
Three-room apartment in Varna city, Briz district, located on the second floor of a new brick building from 2024 with Act 16.
The layout includes a spacious living area with kitchenette, two large bedrooms, two bathrooms with toilets, a storage room, and two terraces, one of which is 23 sq m. The aspect is south/west/east, providing good natural light.
The building is four-storey with an elevator and a total of 10 apartments, built with quality materials and offers the option to purchase an underground garage. Heating is electric, and the property is sold at plaster and screed stage with installed PVC windows.
The location is convenient, close to Kaufland hypermarket, university, hospital, and schools, with good infrastructure and green areas for recreation.
The property is suitable for a family seeking a spacious and functional home in a gated complex with amenities and access to urban infrastructure.
With 20% down over 20 years the monthly mortgage payment is about 1,504 €, against an expected local rent of 964 €. The rent covers 64% of it.
Pros and cons
AI summaryPros
- functional layout
- south / west / east aspect
- new-build
- elevator
Cons
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
Layout
- entrance hall (6.5 sq m)
- living area with kitchenette (47.74 sq m)
- master bedroom (16.34 sq m)
- second bedroom (16.03 sq m)
- corridor (5.09 sq m)
- storage room (2.12 sq m)
- terrace (6.26 sq m)
- large terrace (23 sq m)
Amenities
- Elevator
- With Parking
Exposure
AI summarySSouth
Maximum sunlight throughout the day
EEast
Morning sun, cooler afternoons
WWest
Afternoon and evening sun
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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