−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
Sale240,000 €2,553 €/m²
Expected rent964 € /mo
AT MARKET LEVEL
fairly priced
against the median for 3-room apartments in Briz (334 properties)
Area
94 m²
Floor
3 / 5
Construction
Brick
Year
2023
Yield analysis
Fair investment rating
Monthly payment1,065 €20% down payment · 20 yrs · 3%
Expected rent964 €at market conditions for the neighbourhood
The rent covers 91% of the payment — you top up about 101 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 21 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) — 2,553 €/m² against 2,325 €/m².
The apartment is located in Varna city, Briz district, in a brick building from 2023 with an elevator. The layout includes a corridor, living area with kitchen of 33 sq m, two bedrooms, bathroom with toilet, separate toilet, storage room and terrace. The property is on the third floor of five, with walk-through rooms and French windows providing additional lighting. The building is new, with Act 16, built with brick materials, and the property is offered finished to BDS standard, requiring finishing works to be chosen by the new owner. The location is convenient, close to a park, public transport stops, schools and kindergartens, making it suitable for year-round living. The property is suitable for families seeking a functional layout and the possibility for customization.
With 20% down over 20 years the monthly mortgage payment is about 1,065 €, against an expected local rent of 964 €. The rent covers 91% of it.
Pros and cons
AI summaryPros
- functional layout
- new-build
- terrace
- parking space
Cons
- needs finishing works
- walk-through rooms
Questions for the viewing
Only on imotesaDerived from this specific property's data — not a generic checklist. Take them with you.
What feedback have previous viewers given?
Because: We have been tracking this listing for about 183 days.
What is the scope of the work, and are there hidden problems with the wiring or plumbing?
Because: The listing states that the property needs renovation.
Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.
Layout
- corridor
- living area with kitchen 33 sq m
- bedroom
- bedroom
- bathroom with toilet
- toilet
- storage room
- terrace
Amenities
- With Transition
- With Parking
- Needs Renovation
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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