−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
Sale445,000 €2,798 €/m²
Expected rent964 € /mo
~75,500 € ABOVE MARKET
overpriced
against the median for 3-room apartments in Briz (334 properties)
Area
159 m²
Floor
2 / 5
Construction
Brick
Year
2015
Yield analysis
Low investment rating
Monthly payment1,974 €20% down payment · 20 yrs · 3%
Expected rent964 €at market conditions for the neighbourhood
The rent covers 49% of the payment — you top up about 1,010 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 38 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 75,500 € above the typical price (the median) for 3-room apartments in Briz (334 properties) — 2,798 €/m² against 2,325 €/m².
3-room apartment in the district of Briz, Varna, located on the second floor of a brick building from 2015 with an elevator and controlled access.
The layout includes a living room with kitchen, dining area, work corner, two bedrooms, and a large terrace of 40.50 sq m with water and sewage outlets.
The building is of quality construction, well maintained, and offers amenities such as a pool, playground, and green areas.
The location is in a quiet and secure gated complex with quick access to the city center, Sea Garden, and the beach.
The property is suitable for families seeking a spacious and functional home in a well-organized environment.
With 20% down over 20 years the monthly mortgage payment is about 1,974 €, against an expected local rent of 964 €. The rent covers 49% of it.
Pros and cons
AI summaryPros
- large terrace
- gated complex
- elevator
- parking space
Cons
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
Layout
- living room
- bedroom
- bedroom
- bathroom
Amenities
- Elevator
- 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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