+34% above market
median 1,960 €/m² for comparable properties
149,900 € 2,629 €/m²
Rent covers ~ 73% of the payment
~ 485 €/mo rent · you top up ~ 180 €/mo
Sale116,900 €2,338 €/m²
Expected rent567 € /mo
~22,000 € ABOVE MARKET
overpriced
against the median for 3-room apartments in Cveten Kvartal (120 properties)
Area
50 m²
Floor
1 / 4
Construction
Brick
Year
2005
Yield analysis
Fair investment rating
Monthly payment519 €20% down payment · 20 yrs · 3%
Expected rent567 €at market conditions for the neighbourhood
The rent covers 109% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 17 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 22,000 € above the typical price (the median) for 3-room apartments in Cveten Kvartal (120 properties) — 2,338 €/m² against 1,897 €/m².
3-room apartment in Varna city, Tsveten kvartal district, on the first floor of a four-storey brick building from 2005.
The layout includes an entrance hall, living room with kitchenette, two bedrooms and a bathroom, providing convenience and functionality.
The building is brick, and the property is partially renovated and furnished, requiring additional renovation works for full refurbishment.
The location is convenient with access to kindergartens, schools, shops and public transport, making the property suitable both for living and investment.
A suitable choice for those seeking a compact home with rental potential in a well-developed area.
With 20% down over 20 years the monthly mortgage payment is about 519 €, against an expected local rent of 567 €. The rent covers the whole payment (109%).
Source: Market statistics for 3-room apartments in Cveten Kvartal
Pros and cons
AI summaryPros
- functional layout
- close to schools
- brick construction
Cons
- ground floor
- needs additional renovation
Questions for the viewing
Only on imotesaDerived from this specific property's data — not a generic checklist. Take them with you.
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.
Is there damp, is there enough daylight, and what is the noise like?
Because: The property is on the first floor.
Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.
Layout
- entrance hall
- living room
- bedroom
- bedroom
- bathroom
Amenities
- Access Control
- Renovated
- Needs Renovation
- Tax Credit Option
Details
- Category
- Residential
- Rooms
- 3
- Bathrooms
- 1
- Furnishing
- Yes
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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