Sale

3-bedroom apartment in Varna, Cveten Kvartal

VarnaCveten Kvartal
Published: 5 March 2024 Updated: 5 March 2024
Sale73,100 €840 €/m²
Expected rent567 € /mo

~92,000 € BELOW MARKET

far below market

against the median for 3-room apartments in Cveten Kvartal (122 properties)

A price this far below the market usually has a reason the listing does not mention — encumbrances or an error in the ad.

Area
87 m²
Floor
2 / 5
Construction
Brick
Year
2024

Yield analysis

Strong investment rating

9.3% / yr
Monthly payment324 €20% down payment · 20 yrs · 3%
Expected rent567 €at market conditions for the neighbourhood

The rent covers 175% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 11 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 92,000 € below the typical price (the median) for 3-room apartments in Cveten Kvartal (122 properties) — 840 €/m² against 1,897 €/m². A price this far below the market usually has a reason the listing does not mention — encumbrances or an error in the ad.

With 20% down over 20 years the monthly mortgage payment is about 324 €, against an expected local rent of 567 €. The rent covers the whole payment (175%).

Source: Market statistics for 3-room apartments in Cveten Kvartal

Questions for the viewing

Only on imotesa

Derived from this specific property's data — not a generic checklist. Take them with you.

  1. Why is this priced below comparable properties? Is there anything that could affect the sale?

    Because: The price per m² is about 56% below the average for comparable properties.

  2. What feedback have previous viewers given?

    Because: We have been tracking this listing for about 941 days.

  3. Does it have its Act 16 occupancy permit, and if not, when is it expected?

    Because: The building is advertised as under construction.

Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.

Amenities

  • Under Construction
  • Elevator
  • With Parking
  • Access Control
  • Renovated

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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