−24% below market
median 2,461 €/m² for comparable properties
119,000 € 1,919 €/m²
Rent covers ~ 94% of the payment
~ 495 €/mo rent · you top up ~ 33 €/mo
Sale205,000 €2,029 €/m²
Expected rent796 € /mo
~37,000 € ABOVE MARKET
overpriced
against the median for 3-room apartments in Izgrev (109 properties)
Area
101 m²
Floor
4 / 5
Construction
Brick
Year
2025
Yield analysis
Fair investment rating
Monthly payment910 €20% down payment · 20 yrs · 3%
Expected rent796 €at market conditions for the neighbourhood
The rent covers 88% of the payment — you top up about 114 €/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 37,000 € above the typical price (the median) for 3-room apartments in Izgrev (109 properties) — 2,029 €/m² against 1,664 €/m².
Apartment with potential for conversion into a three-room, located in the Izgrev district, Varna city.
The layout includes an entrance hall, living room with kitchen area, bedroom, bathroom, and a terrace with a view.
The building is a new brick construction from 2025, equipped with an elevator, video surveillance, and access control.
The location is convenient with quick access to main roads and proximity to a supermarket and other amenities.
The property is suitable for family living with a functional layout and the possibility of a parking space.
With 20% down over 20 years the monthly mortgage payment is about 910 €, against an expected local rent of 796 €. The rent covers 88% of it.
Pros and cons
AI summaryPros
- functional layout
- new brick building
- elevator
- parking space
Cons
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
Questions for the viewing
Only on imotesaDerived from this specific property's data — not a generic checklist. Take them with you.
What feedback have previous viewers given?
Because: We have been tracking this listing for about 265 days.
Has Act 16 been issued, and what guarantees cover the common parts?
Because: The building dates from 2025.
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
Amenities
- Elevator
- With Parking
- Internet Connection
- Active Business
- Video Surveillance
- Access Control
- Tax Credit Option
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.
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