−10% below market
median 2,246 €/m² for comparable properties
130,000 € 2,031 €/m²
Rent covers ~ 67% of the payment
~ 389 €/mo rent · you top up ~ 188 €/mo
Sale210,000 €2,187 €/m²
Expected rent967 € /mo
AT MARKET LEVEL
fairly priced
against the median for 3-room apartments in Briz (334 properties)
Area
96 m²
Floor
3 / 5
Construction
Brick
Year
2010
Yield analysis
Fair investment rating
Monthly payment932 €20% down payment · 20 yrs · 3%
Expected rent967 €at market conditions for the neighbourhood
The rent covers 104% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 18 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) — 2,187 €/m² against 2,325 €/m².
Three-room apartment in the Briz district, Varna city, located on the third floor of a five-storey brick building from 2010.
The layout includes a spacious living room with kitchen area and dining room, two bedrooms, a bathroom, a toilet, and two terraces. The property also includes a basement.
The apartment is finished to BDS standards, allowing for individual completion and furnishing according to the needs of the new owner.
The Briz district offers convenient access to Varna city centre, the Sea Garden, schools, and commercial facilities, providing comfort for everyday life.
The property is suitable for family use or as an investment with potential for personalization.
With 20% down over 20 years the monthly mortgage payment is about 932 €, against an expected local rent of 967 €. The rent covers the whole payment (104%).
Pros and cons
AI summaryPros
- functional layout
- two terraces
- basement
- brick construction
Cons
- finished to BDS standards
Layout
- living room
- bedroom
- bedroom
- bathroom
- toilet
- corridor
Details
- Category
- Residential
- Rooms
- 3
- Bathrooms
- 1
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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