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
Sale221,784 €2,384 €/m²
Expected rent567 € /mo
~45,500 € ABOVE MARKET
overpriced
against the median for 3-room apartments in Cveten Kvartal (122 properties)
Area
93 m²
Floor
1 / 3
Construction
Brick
Year
2029
Yield analysis
Low investment rating
Monthly payment984 €20% down payment · 20 yrs · 3%
Expected rent567 €at market conditions for the neighbourhood
The rent covers 58% of the payment — you top up about 417 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 33 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 45,500 € above the typical price (the median) for 3-room apartments in Cveten Kvartal (122 properties) — 2,384 €/m² against 1,897 €/m².
Three-room apartment in a new residential building in Tsveten kvartal, Varna. The property has an area of 93 sq m and is located on the first floor of a three-storey building.
The layout includes functional rooms suitable for family use, focusing on convenience and practicality.
The building has a monolithic reinforced concrete structure, an energy-efficient facade system, and high-quality finishing materials. Elevator, video surveillance, and access control are available.
The location offers quick access to Vasil Levski Blvd and nearby amenities, combining urban comfort with tranquility.
The property is suitable for permanent residence or investment, providing a balance between functionality and location.
With 20% down over 20 years the monthly mortgage payment is about 984 €, against an expected local rent of 567 €. The rent covers 58% of it.
Source: Market statistics for 3-room apartments in Cveten Kvartal
Pros and cons
AI summaryPros
- functional layout
- new-build
- elevator
- parking space
Cons
- ground floor
Questions for the viewing
Only on imotesaDerived from this specific property's data — not a generic checklist. Take them with you.
Has Act 16 been issued, and what guarantees cover the common parts?
Because: The building dates from 2029.
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.
Amenities
- Elevator
- With Parking
- Video Surveillance
- Access Control
Details
- Category
- Residential
- Rooms
- 3
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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