median 2,344 €/m² for comparable properties
Rent covers ~ 112% of the payment
~ 522 €/mo rent · pays for itself in ~ 17 yrs
~45,500 € BELOW MARKET
good value
against the median for 3-room apartments in Grand Mol (57 properties)
Fair investment rating
The rent covers 83% of the payment — you top up about 115 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 23 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 45,500 € below the typical price (the median) for 3-room apartments in Grand Mol (57 properties) — 1,828 €/m² against 2,381 €/m².
The apartment is located in Varna, in the Grand Mall area. It features a functional layout including a corridor, living area with built-in kitchen and dining room, two bedrooms, separate bathroom and toilet, storage room, and a panoramic terrace with views of Varna Lake. The property is in a brick building from 2002, on the 6th floor of 7, with controlled access and available parking spaces. The area is well connected, close to key city facilities and green spaces. The property is suitable for permanent residence or rental, offered furnished and equipped. The overall condition of the property is good, with improvements made and ready for use.
With 20% down over 20 years the monthly mortgage payment is about 665 €, against an expected local rent of 550 €. The rent covers 83% of it.
The asking price has fallen by 13,600 € (8.3%) 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.
Why is this priced below comparable properties? Is there anything that could affect the sale?
Because: The price per m² is about 23% below the average for comparable properties.
Is there still room to negotiate, and why has it not sold yet?
Because: The price has been cut 2 times — about 8% below the original asking price.
Is there enough daylight, and does damp appear? What are the heating bills like?
Because: The advertised exposure faces north only.
Is there a lift in the building, and what condition is it in?
Because: The property is on floor 6 and the listing does not mention a lift.
Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.
Even light, cooler during summer
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