median 2,325 €/m² for comparable properties
Rent covers ~ 99% of the payment
~ 967 €/mo rent · you top up ~ 9 €/mo
~44,000 € ABOVE MARKET
overpriced
against the median for 3-room apartments in Briz (334 properties)
Fair investment rating
The rent covers 95% of the payment — you top up about 53 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 20 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.
This apartment is priced about 44,000 € above the typical price (the median) for 3-room apartments in Briz (334 properties) — 2,875 €/m² against 2,325 €/m².
The offered three-room apartment is located on the first floor of a brick building from 2002 in the Briz district, Varna. The 80 sq m residence includes an entrance hall, a toilet, a spacious living room with access to a terrace, two bedrooms, one of which has a terrace, as well as a bathroom. The apartment is newly furnished and offers convenience for free parking. The location is convenient with proximity to a bus stop, grocery store, schools, kindergartens, and the Sea Garden within walking distance.
With 20% down over 20 years the monthly mortgage payment is about 1,020 €, against an expected local rent of 967 €. The rent covers 95% of it.
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Because: We have been tracking this listing for about 239 days.
Is there damp, is there enough daylight, and what is the noise like?
Because: The property is on the first floor.
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The exact address hasn't been published by the seller — the map shows the neighbourhood.
median 2,325 €/m² for comparable properties
Rent covers ~ 99% of the payment
~ 967 €/mo rent · you top up ~ 9 €/mo
median 2,364 €/m² for comparable properties
Rent covers ~ 95% of the payment
~ 726 €/mo rent · you top up ~ 41 €/mo
median 2,364 €/m² for comparable properties
Rent covers ~ 131% of the payment
~ 726 €/mo rent · pays for itself in ~ 14 yrs
median 2,364 €/m² for comparable properties
Rent covers ~ 94% of the payment
~ 726 €/mo rent · you top up ~ 50 €/mo
median 2,364 €/m² for comparable properties
Rent covers ~ 88% of the payment
~ 726 €/mo rent · you top up ~ 95 €/mo
median 2,364 €/m² for comparable properties
Rent covers ~ 94% of the payment
~ 726 €/mo rent · you top up ~ 50 €/mo
median 2,325 €/m² for comparable properties
Rent covers ~ 65% of the payment
~ 967 €/mo rent · you top up ~ 519 €/mo
median 2,325 €/m² for comparable properties
Rent covers ~ 68% of the payment
~ 967 €/mo rent · you top up ~ 453 €/mo