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 60% of the payment — you top up about 369 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 31 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) — 2,302 €/m² against 2,381 €/m².
The presented property is a three-room apartment with an area of 90 sq m, located in the city of Varna, close to Grand Mall. The layout includes a living room, two bedrooms, kitchen with dining area, bathroom with WC, second toilet, laundry room, storage room and two terraces. The apartment is on the 7th floor out of 8 in a prefab panel building with an elevator. The building was constructed in 1980, maintained and with basic amenities. The location is convenient, with easy access to shops, transport and other urban conveniences. The property is suitable both for permanent residence and as an investment given the functional layout and location.
With 20% down over 20 years the monthly mortgage payment is about 919 €, against an expected local rent of 550 €. The rent covers 60% of it.
Source: Market statistics for 3-room apartments in Grand Mol
Derived from this specific property's data — not a generic checklist. Take them with you.
Has the block been insulated under the renovation programme, and is there paperwork for it?
Because: Prefabricated panel construction.
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