−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
Sale364,990 €1,941 €/m²
Expected rent796 € /mo
~52,000 € ABOVE MARKET
above market
against the median for 3-room apartments in Izgrev (109 properties)
Area
188 m²
Floor
4 / 4
Construction
Brick
Year
2024
Yield analysis
Low investment rating
Monthly payment1,619 €20% down payment · 20 yrs · 3%
Expected rent796 €at market conditions for the neighbourhood
The rent covers 49% of the payment — you top up about 823 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 38 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 52,000 € above the typical price (the median) for 3-room apartments in Izgrev (109 properties) — 1,941 €/m² against 1,664 €/m².
Three-room apartment in the Izgrev district, Varna, built in 2024 on the fourth floor of four. It features a spacious living room (50 sq m) with terrace and jacuzzi, two bedrooms, two bathrooms, and a corridor. The master bedroom includes a walk-in closet and an en-suite bathroom with toilet, while the second bedroom also has access to a terrace. The apartment is furnished with high-quality furniture and built-in NEFF appliances. The building is brick, equipped with an elevator, and offers two parking spaces with the property. Heating and cooling are provided by a heat pump with underfloor heating, and the windows are 7-chamber with triple glazing for better energy efficiency. The location provides quick access to main roads and urban infrastructure. The property is suitable for those seeking convenience and functionality in an urban environment.
With 20% down over 20 years the monthly mortgage payment is about 1,619 €, against an expected local rent of 796 €. The rent covers 49% of it.
Pros and cons
AI summaryPros
- spacious living room
- panoramic view
- two parking spaces
- high energy efficiency
Cons
- top floor
Questions for the viewing
Only on imotesaDerived from this specific property's data — not a generic checklist. Take them with you.
What condition is the roof in, and does it overheat in summer?
Because: The property is on the top floor.
Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.
Layout
- living room (50 sq m)
- bedroom
- bedroom
- corridor
Amenities
- Elevator
- With Parking
- Leasing
- Internet Connection
- Video Surveillance
- Access Control
- Renovated
- Tax Credit Option
Details
- Category
- Residential
- Rooms
- 3
- Bathrooms
- 2
- Furnishing
- Yes
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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