median 2,344 €/m² for comparable properties
Rent covers ~ 112% of the payment
~ 522 €/mo rent · pays for itself in ~ 17 yrs
AT MARKET LEVEL
fairly priced
against the median for 3-room apartments in Grand Mol (57 properties)
Low investment rating
The rent covers 71% of the payment — you top up about 226 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 27 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.
This apartment is priced at the typical price (the median) for 3-room apartments in Grand Mol (57 properties) — 2,498 €/m² against 2,381 €/m².
Three-room apartment in Varna city, Grand Mall district. The property has a floor area of 70 sq m and is located on the 3rd floor of an eight-storey brick building with an elevator.
The layout includes a corridor, living room with kitchen and dining area, two bedrooms, and a spacious terrace with south aspect, providing good lighting and warmth. There is also a bathroom with toilet, as well as a basement storage room.
The building was constructed in 1990 from bricks, with maintained common areas, access control, and available parking. The apartment has undergone major renovation and is ready to move in.
The location is convenient, close to Grand Mall, the city centre, public transport stops, shops, schools, and kindergartens.
The property is suitable both for living and for investment due to its functional layout and the amenities in the area.
With 20% down over 20 years the monthly mortgage payment is about 776 €, against an expected local rent of 550 €. The rent covers 71% of it.
Source: Market statistics for 3-room apartments in Grand Mol
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
Maximum sunlight throughout the day
The exact address hasn't been published by the seller — the map shows the neighbourhood.
median 2,344 €/m² for comparable properties
Rent covers ~ 112% of the payment
~ 522 €/mo rent · pays for itself in ~ 17 yrs
median 2,344 €/m² for comparable properties
Rent covers ~ 98% of the payment
~ 522 €/mo rent · you top up ~ 10 €/mo
median 2,381 €/m² for comparable properties
Rent covers ~ 63% of the payment
~ 550 €/mo rent · you top up ~ 328 €/mo
median 2,344 €/m² for comparable properties
Rent covers ~ 85% of the payment
~ 522 €/mo rent · you top up ~ 95 €/mo
median 2,083 €/m² for comparable properties
Rent covers ~ 47% of the payment
~ 550 €/mo rent · you top up ~ 626 €/mo
median 2,381 €/m² for comparable properties
Rent covers ~ 41% of the payment
~ 550 €/mo rent · you top up ~ 781 €/mo
median 2,381 €/m² for comparable properties
Rent covers ~ 41% of the payment
~ 550 €/mo rent · you top up ~ 781 €/mo
median 2,381 €/m² for comparable properties
Rent covers ~ 41% of the payment
~ 550 €/mo rent · you top up ~ 781 €/mo