+43% above market
median 2,500 €/m² for comparable properties
412,000 € 3,582 €/m²
Rent covers ~ 55% of the payment
~ 1,001 €/mo rent · you top up ~ 827 €/mo
Sale249,000 €2,327 €/m²
Expected rent880 € /mo
~51,500 € BELOW MARKET
good value
against the median for 3-room apartments in Centyr (244 properties)
Area
107 m²
Floor
2 / 4
Construction
Brick
Year
1980
Yield analysis
Fair investment rating
Monthly payment1,105 €20% down payment · 20 yrs · 3%
Expected rent880 €at market conditions for the neighbourhood
The rent covers 80% of the payment — you top up about 225 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 24 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 51,500 € below the typical price (the median) for 3-room apartments in Centyr (244 properties) — 2,327 €/m² against 2,808 €/m².
Three-room apartment in Varna city, Centre district, located on the second floor of a four-storey brick building.
The layout includes a living room with dining area and kitchenette of about 50 sq m, bedroom, children's room, bathroom, separate toilet, storage room and two terraces.
The building was constructed in 1980, with brick construction and provides controlled access. The apartment is in good condition and is offered fully furnished.
The central location provides easy access to shops, restaurants, services and public transport.
The property is suitable for family use or investment due to the functional layout and the advantages of the central location.
With 20% down over 20 years the monthly mortgage payment is about 1,105 €, against an expected local rent of 880 €. The rent covers 80% of it.
Pros and cons
AI summaryPros
- functional layout
- two terraces
- controlled access
- central location
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.
Why is this priced below comparable properties? Is there anything that could affect the sale?
Because: The price per m² is about 17% below the average for comparable properties.
Have the risers been replaced, and when was the roof last repaired?
Because: The building dates from 1980 — about 46 years old.
Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.
Layout
- living room
- bedroom
- children's room
Amenities
- Access Control
Details
- Category
- Residential
- Rooms
- 3
- Bathrooms
- 2
- Furnishing
- Yes
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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