+50% above market
median 1,463 €/m² for comparable properties
92,260 € 2,196 €/m²
Rent covers ~ 159% of the payment
~ 652 €/mo rent · pays for itself in ~ 12 yrs
Sale225,000 €1,500 €/m²
Expected rent652 € /mo
AT MARKET LEVEL
fairly priced
against the median for 3-room apartments in Hristo Botev (25 properties)
Area
150 m²
Floor
8 / 8
Construction
Brick
Year
2027
Yield analysis
Low investment rating
Monthly payment998 €20% down payment · 20 yrs · 3%
Expected rent652 €at market conditions for the neighbourhood
The rent covers 65% of the payment — you top up about 346 €/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.
Property analysis
This apartment is priced at the typical price (the median) for 3-room apartments in Hristo Botev (25 properties) — 1,500 €/m² against 1,556 €/m².
Three-room apartment in the Hristo Botev district, Varna, located on the eighth floor of a brick building. The total area is 150 sq m, of which 124 sq m is net living space.
The layout includes an entrance hall, living room with kitchen and terrace, two bedrooms with separate terraces, as well as a bathroom with toilet, providing convenience and functionality.
The building is new-build (2027) with controlled access and elevator, ensuring modern standards of comfort and security.
The location is close to the central part of Varna, about 20 minutes on foot from the Cathedral, with panoramic lake views from every room and terrace.
The property is suitable for those seeking a spacious and bright apartment with amenities in an urban environment.
With 20% down over 20 years the monthly mortgage payment is about 998 €, against an expected local rent of 652 €. The rent covers 65% of it.
Source: Market statistics for 3-room apartments in Hristo Botev
Pros and cons
AI summaryPros
- functional layout
- southwest aspect
- panoramic view
- new-build
- elevator
- controlled access
Cons
- top floor
Questions for the viewing
Only on imotesaDerived from this specific property's data — not a generic checklist. Take them with you.
Has Act 16 been issued, and what guarantees cover the common parts?
Because: The building dates from 2027.
What condition is the roof in, and does it overheat in summer?
Because: The property is on the top 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 with kitchen
- bedroom
- bedroom
Amenities
- Elevator
- Access Control
- Renovated
Details
- Category
- Residential
- Rooms
- 3
- Bathrooms
- 1
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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