At market level
median 1,629 €/m² for comparable properties
128,500 € 1,548 €/m²
Rent covers ~ 91% of the payment
~ 516 €/mo rent · you top up ~ 54 €/mo
Sale197,900 €1,866 €/m²
Expected rent796 € /mo
~21,500 € ABOVE MARKET
above market
against the median for 3-room apartments in Izgrev (110 properties)
Area
106 m²
Floor
3 / 6
Construction
Brick
Year
2027
Yield analysis
Fair investment rating
Monthly payment878 €20% down payment · 20 yrs · 3%
Expected rent796 €at market conditions for the neighbourhood
The rent covers 91% of the payment — you top up about 82 €/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 21,500 € above the typical price (the median) for 3-room apartments in Izgrev (110 properties) — 1,866 €/m² against 1,662 €/m².
Three-room apartment with an area of 106 sq m, located in the Izgrev district of Varna. The property is situated on the third floor of a six-storey brick building, constructed in 2027.
The layout includes three rooms with a functional distribution and two parking spaces, providing convenience for the residents. The building has an elevator and access control.
The construction is brick, with the building being new and renovated, ensuring modern materials and infrastructure. The presence of two parking spaces is an additional advantage.
The location is close to Hristo Smirnenski Blvd, offering good access to urban infrastructure and transport. The surrounding area is urbanized and suitable for family living.
The property offers a balanced combination of amenities, functionality, and location, suitable for family use.
With 20% down over 20 years the monthly mortgage payment is about 878 €, against an expected local rent of 796 €. The rent covers 91% of it.
Pros and cons
AI summaryPros
- two parking spaces
- functional layout
- new-build
- elevator
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.
Has Act 16 been issued, and what guarantees cover the common parts?
Because: The building dates from 2027.
Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.
Layout
- bedroom
- bedroom
- bedroom
Amenities
- Elevator
- With Parking
- Access Control
- Renovated
Details
- Category
- Residential
- Rooms
- 3
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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