median 2,344 €/m² for comparable properties
Rent covers ~ 112% of the payment
~ 522 €/mo rent · pays for itself in ~ 17 yrs
~23,500 € ABOVE MARKET
above market
against the median for 3-room apartments in Grand Mol (57 properties)
Low investment rating
The rent covers 65% of the payment — you top up about 293 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 29 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 about 23,500 € above the typical price (the median) for 3-room apartments in Grand Mol (57 properties) — 2,714 €/m² against 2,381 €/m².
Three-room apartment in Varna city, Grand Mall district, located on the 7th floor of 9 in a brick building from 1980. The property has a floor area of 70 sq m and offers amenities such as an elevator, parking, and internet.
The layout includes a spacious living room with kitchen area, master bedroom with en-suite bathroom, second bedroom, second bathroom, terrace, and a basement room providing additional storage space.
The building is maintained, with an elevator and access control available, and the apartment is renovated, enhancing functionality and living comfort.
The location is convenient, close to the Grand Mall shopping center and urban infrastructure, providing easy access to services and transport.
The property is suitable for families seeking functional layout and amenities in an urban environment with good connectivity.
With 20% down over 20 years the monthly mortgage payment is about 843 €, against an expected local rent of 550 €. The rent covers 65% of it.
The asking price has fallen by 5,010 € (2.6%) since it was first listed.
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.
Derived from this specific property's data — not a generic checklist. Take them with you.
Is there still room to negotiate?
Because: The price has been cut once, by about 3%.
Have the risers been replaced, and when was the roof last repaired?
Because: The building dates from 1980 — about 46 years old.
Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.
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