At market level
median 1,629 €/m² for comparable properties
128,500 € 1,548 €/m²
Rent covers ~ 90% of the payment
~ 512 €/mo rent · you top up ~ 58 €/mo
Sale175,000 €1,605 €/m²
Expected rent796 € /mo
AT MARKET LEVEL
fairly priced
against the median for 3-room apartments in Izgrev (110 properties)
Area
109 m²
Floor
4 / 7
Construction
Brick
Year
2026
Yield analysis
Fair investment rating
Monthly payment776 €20% down payment · 20 yrs · 3%
Expected rent796 €at market conditions for the neighbourhood
The rent covers 103% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 18 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 Izgrev (110 properties) — 1,605 €/m² against 1,662 €/m².
3-room apartment in the Izgrev district, Varna, part of a new building with expected Act 16 in 2026. It is located on the fourth floor of a seven-storey building.
The layout includes a living area with kitchenette and terrace, two bedrooms with a shared terrace, bathroom with toilet, separate toilet, corridor, and storage room.
The building is brick, newly constructed, and offers a southwest aspect, providing good sunlight exposure. Over 100 parking spaces and landscaped areas around the building are planned.
The location is close to Hristo Smirnenski Blvd, ensuring convenient access to city infrastructure and transport.
The property is suitable for families or individuals seeking housing in a well-developed area with amenities and new construction.
With 20% down over 20 years the monthly mortgage payment is about 776 €, against an expected local rent of 796 €. The rent covers the whole payment (103%).
Pros and cons
AI summaryPros
- functional layout
- two terraces
- southwest aspect
- new construction
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 2026.
Is there a lift in the building, and what condition is it in?
Because: The property is on floor 4 and the listing does not mention a lift.
Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.
Layout
- living area
- bedroom
- bedroom
Details
- Category
- Residential
- Rooms
- 3
- Bathrooms
- 2
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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