−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
Sale170,000 €2,428 €/m²
Expected rent964 € /mo
AT MARKET LEVEL
fairly priced
against the median for 3-room apartments in Briz (334 properties)
Area
70 m²
Floor
4 / 6
Construction
Brick
Year
2020
Yield analysis
Good investment rating
Monthly payment754 €20% down payment · 20 yrs · 3%
Expected rent964 €at market conditions for the neighbourhood
The rent covers 128% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 15 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.
Price history
1 change since listing▼ 5.6% · 10,000 €
- 180,000 €
- 170,000 €▼ 10,000 € (5.6%)
Property analysis
This apartment is priced at the typical price (the median) for 3-room apartments in Briz (334 properties) — 2,428 €/m² against 2,325 €/m².
3-room apartment in the Briz district, Varna city, close to the Sea Garden and Varna Stadium.
The layout includes a spacious living room with kitchenette (28 sq m), which can be divided into two separate rooms, a bedroom (14 sq m), entrance hall, bathroom with toilet, and laundry/storage room.
The building dates from 2020, with brick construction, well-maintained common areas, elevator, and access control. The apartment has been renovated and is move-in ready.
The location is convenient, with quick access to main roads, schools, kindergartens, shops, and transport connections.
The property is suitable as a family home or investment, offering a functional layout and amenities in a preferred area.
With 20% down over 20 years the monthly mortgage payment is about 754 €, against an expected local rent of 964 €. The rent covers the whole payment (128%).
The asking price has fallen by 10,000 € (5.6%) since it was first listed.
Pros and cons
AI summaryPros
- functional layout
- new-build
- elevator
- access control
Cons
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
Questions for the viewing
Only on imotesaDerived from this specific property's data — not a generic checklist. Take them with you.
Is there still room to negotiate?
Because: The price has been cut once, by about 6%.
Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.
Layout
- living room 28 sq m
- bedroom 14 sq m
- entrance hall 4.5 sq m
- bathroom and toilet 3.5 sq m
- laundry/storage room 2 sq m
Amenities
- With Transition
- Elevator
- Internet Connection
- Video Surveillance
- Access Control
- Renovated
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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