At market level
median 1,897 €/m² for comparable properties
220,000 € 2,037 €/m²
Rent covers ~ 58% of the payment
~ 567 €/mo rent · you top up ~ 409 €/mo
Sale290,000 €2,543 €/m²
Expected rent633 € /mo
~42,500 € ABOVE MARKET
above market
against the median for 3-room apartments in Cveten Kvartal (100 properties)
Area
114 m²
Floor
2 / 9
Construction
Brick
Year
2007
Yield analysis
Low investment rating
Monthly payment1,287 €20% down payment · 20 yrs · 3%
Expected rent633 €at market conditions for the neighbourhood
The rent covers 49% of the payment — you top up about 654 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 38 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 42,500 € above the typical price (the median) for 3-room apartments in Cveten Kvartal (100 properties) — 2,543 €/m² against 2,169 €/m².
Apartment with three rooms in Varna city, Tsveten kvartal district. It is located on the second floor of a nine-storey brick building from 2007.
Layout: large corridor, living room with kitchen and dining area (28 sq m), two bedrooms (30 and 20 sq m), laundry room, storage room, bathroom with toilet, separate toilet and enclosed terrace with panoramic city views.
The building is brick, equipped with an elevator and access control. The property includes internet and a basement storage room.
The location is convenient, close to public transport stops, shops, schools and kindergartens. The area offers all necessary amenities for year-round living.
Suitable for family use with functional layout and good infrastructure.
With 20% down over 20 years the monthly mortgage payment is about 1,287 €, against an expected local rent of 633 €. The rent covers 49% of it.
Source: Market statistics for 3-room apartments in Cveten Kvartal
Pros and cons
AI summaryPros
- functional layout
- panoramic terrace
- elevator
- good location
Cons
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
Amenities
- Elevator
- Internet Connection
- 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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