+24% above market
median 2,201 €/m² for comparable properties
166,900 € 2,691 €/m²
Rent covers ~ 83% of the payment
~ 611 €/mo rent · you top up ~ 129 €/mo
Sale155,000 €2,500 €/m²
Expected rent611 € /mo
~18,500 € ABOVE MARKET
above market
against the median for 3-room apartments in Hei (17 properties)
Area
62 m²
Floor
1 / 9
Construction
Panel
Year
1980
Yield analysis
Fair investment rating
Monthly payment688 €20% down payment · 20 yrs · 3%
Expected rent611 €at market conditions for the neighbourhood
The rent covers 89% of the payment — you top up about 77 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 21 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 18,500 € above the typical price (the median) for 3-room apartments in Hei (17 properties) — 2,500 €/m² against 2,201 €/m².
3-room apartment in Varna city, HEI district, at Tsarevets 55. It is located on the first residential floor of a prefab panel block with a total of 9 floors.
The layout includes a spacious living room with an enclosed terrace, kitchen with access to a glazed terrace, bedroom, bathroom and toilet, providing functional use of the space.
The building is prefab panel from 1980, with elevator and access control, and the apartment is in good condition and does not require major renovation.
The location is urban with convenient access to city infrastructure and services.
The property is suitable for immediate use, offering a balanced combination of functionality and location.
With 20% down over 20 years the monthly mortgage payment is about 688 €, against an expected local rent of 611 €. The rent covers 89% of it.
Pros and cons
AI summaryPros
- functional layout
- elevator
- access control
- enclosed terrace
Cons
- ground floor
- prefab panel construction
Questions for the viewing
Only on imotesaDerived 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.
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.
Layout
- living room
- kitchen
- bedroom
- bathroom
- toilet
Amenities
- Elevator
- Access Control
Details
- Category
- Residential
- Rooms
- 3
- Bathrooms
- 2
- Furnishing
- Yes
Location
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At market level
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