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
Sale138,570 €1,710 €/m²
Expected rent796 € /mo
AT MARKET LEVEL
fairly priced
against the median for 3-room apartments in Izgrev (110 properties)
Area
81 m²
Floor
5 / 5
Construction
Brick
Year
2029
Yield analysis
Good investment rating
Monthly payment615 €20% down payment · 20 yrs · 3%
Expected rent796 €at market conditions for the neighbourhood
The rent covers 129% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 15 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) — 1,710 €/m² against 1,662 €/m².
Three-room apartment with an area of 81 sq m in the district of Izgrev, Varna. The property is located on the top, fifth floor of a new brick building from 2029 with a total of 15 apartments.
The layout includes an entrance hall, living room with kitchen, two bedrooms, bathroom with toilet, and two terraces, providing functional and convenient use of the space.
The building is new-build with quality materials and is designed for maximum comfort, with the apartment layouts aligned to the cardinal directions.
Izgrev district is one of the greenest and most renovated areas in Varna, offering a peaceful environment and access to green spaces.
The property is suitable for family living with a focus on convenience and proximity to nature.
With 20% down over 20 years the monthly mortgage payment is about 615 €, against an expected local rent of 796 €. The rent covers the whole payment (129%).
Pros and cons
AI summaryPros
- functional layout
- two terraces
- new-build
- quality materials
Cons
- top floor
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 2029.
What condition is the roof in, and does it overheat in summer?
Because: The property is on the top floor.
Is there a lift in the building, and what condition is it in?
Because: The property is on floor 5 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
- entrance hall
- living room with kitchen
- bedroom
- bedroom
- bathroom with toilet
- terrace
- terrace
Details
- Category
- Residential
- Rooms
- 3
- Bathrooms
- 1
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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