median 1,662 €/m² for comparable properties
Rent covers ~ 122% of the payment
~ 796 €/mo rent · pays for itself in ~ 15 yrs
~17,000 € BELOW MARKET
good value
against the median for 3-room apartments in Izgrev (110 properties)
Good investment rating
The rent covers 113% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 17 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.
This apartment is priced about 17,000 € below the typical price (the median) for 3-room apartments in Izgrev (110 properties) — 1,500 €/m² against 1,662 €/m².
The offered property is a 3-room apartment with an area of 106 sq m, located in the Izgrev district, Varna. The layout includes a spacious entrance hall, a living area of 24 sq m, two bedrooms measuring 16.5 and 12 sq m, a bathroom, a toilet, and a walk-in closet. The building is new-build from 2028, constructed with brick materials and features an elevator. The location is in a quiet and well-developed area with convenient access to public transport, schools, and supermarkets. The property is suitable both for living and investment, combining comfort and functionality in an urban environment.
With 20% down over 20 years the monthly mortgage payment is about 705 €, against an expected local rent of 796 €. The rent covers the whole payment (113%).
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
Derived 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 2028.
Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.
The exact address hasn't been published by the seller — the map shows the neighbourhood.
median 1,662 €/m² for comparable properties
Rent covers ~ 122% of the payment
~ 796 €/mo rent · pays for itself in ~ 15 yrs
median 1,662 €/m² for comparable properties
Rent covers ~ 107% of the payment
~ 472 €/mo rent · pays for itself in ~ 17 yrs
median 1,662 €/m² for comparable properties
Rent covers ~ 112% of the payment
~ 472 €/mo rent · pays for itself in ~ 17 yrs
median 1,585 €/m² for comparable properties
Rent covers ~ 158% of the payment
~ 512 €/mo rent · pays for itself in ~ 12 yrs
median 1,662 €/m² for comparable properties
Rent covers ~ 109% of the payment
~ 472 €/mo rent · pays for itself in ~ 17 yrs
median 1,585 €/m² for comparable properties
Rent covers ~ 158% of the payment
~ 512 €/mo rent · pays for itself in ~ 12 yrs
median 1,629 €/m² for comparable properties
Rent covers ~ 90% of the payment
~ 512 €/mo rent · you top up ~ 58 €/mo
median 1,662 €/m² for comparable properties
Rent covers ~ 99% of the payment
~ 472 €/mo rent · you top up ~ 7 €/mo