At market level
median 1,556 €/m² for comparable properties
225,000 € 1,500 €/m²
Rent covers ~ 65% of the payment
~ 652 €/mo rent · you top up ~ 346 €/mo
Sale199,900 €1,189 €/m²
Expected rent652 € /mo
~61,500 € BELOW MARKET
good value
against the median for 3-room apartments in Hristo Botev (25 properties)
Area
168 m²
Floor
4 / 5
Construction
Brick
Year
2011
Yield analysis
Low investment rating
Monthly payment887 €20% down payment · 20 yrs · 3%
Expected rent652 €at market conditions for the neighbourhood
The rent covers 74% of the payment — you top up about 235 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 26 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 61,500 € below the typical price (the median) for 3-room apartments in Hristo Botev (25 properties) — 1,189 €/m² against 1,556 €/m².
3-room apartment in the Hristo Botev district, Varna, with an area of 168 sq m and brick construction from 2011. It is located on the 4th floor of 5 with an elevator providing direct access to the apartment.
The layout includes a spacious living room with lounge, dining and kitchen areas, two separate bedrooms, a bathroom with toilet, private sauna, two balconies and a panoramic terrace with 360-degree view.
The building is of quality construction, equipped with an elevator, video surveillance and parking spaces. There is also a basement storage room adding to the conveniences.
The district offers good infrastructure with schools, kindergartens, shops and transport connections ensuring easy access to the centre of Varna.
The property is suitable for family living or investment, combining large floor area and functionality in an urban environment.
With 20% down over 20 years the monthly mortgage payment is about 887 €, against an expected local rent of 652 €. The rent covers 74% of it.
Source: Market statistics for 3-room apartments in Hristo Botev
Pros and cons
AI summaryPros
- functional layout
- panoramic terrace
- elevator with direct access
- quality materials
Cons
- top floor
Questions for the viewing
Only on imotesaDerived 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 24% below the average for comparable properties.
Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.
Layout
- living room
- bedroom
- bedroom
Amenities
- Elevator
- With Parking
- Video Surveillance
- Tax Credit Option
- Security
Details
- Category
- Residential
- Rooms
- 3
- Bathrooms
- 1
- Furnishing
- Yes
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
Similar properties nearby
+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
At market level
median 1,463 €/m² for comparable properties
103,000 € 1,430 €/m²
Rent covers ~ 143% of the payment
~ 652 €/mo rent · pays for itself in ~ 13 yrs
−19% below market
median 1,500 €/m² for comparable properties
204,999 € 1,014 €/m²
Rent covers ~ 72% of the payment
~ 652 €/mo rent · you top up ~ 258 €/mo
−31% below market
median 1,463 €/m² for comparable properties
80,000 € 1,012 €/m²
Rent covers ~ 184% of the payment
~ 652 €/mo rent · pays for itself in ~ 10 yrs
−29% below market
median 1,556 €/m² for comparable properties
200,000 € 1,111 €/m²
Rent covers ~ 73% of the payment
~ 652 €/mo rent · you top up ~ 235 €/mo
−20% below market
median 1,556 €/m² for comparable properties
121,250 € 1,250 €/m²
Rent covers ~ 121% of the payment
~ 652 €/mo rent · pays for itself in ~ 15 yrs
−11% below market
median 1,556 €/m² for comparable properties
210,000 € 1,390 €/m²
Rent covers ~ 70% of the payment
~ 652 €/mo rent · you top up ~ 280 €/mo