+34% above market
median 1,901 €/m² for comparable properties
117,000 € 2,543 €/m²
Rent covers ~ 136% of the payment
~ 707 €/mo rent · pays for itself in ~ 14 yrs
Sale205,000 €1,314 €/m²
Expected rent859 € /mo
~91,500 € BELOW MARKET
good value
against the median for apartments in Varna (10,024 properties)
Area
156 m²
Floor
2 / 3
Construction
Brick
Yield analysis
Fair investment rating
Monthly payment910 €20% down payment · 20 yrs · 3%
Expected rent859 €at market conditions for the neighbourhood
The rent covers 94% of the payment — you top up about 51 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 20 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.
Price history
1 change since listing▼ 10.5% · 24,000 €
- 229,000 €
- 205,000 €▼ 24,000 € (10.5%)
Property analysis
This apartment is priced about 91,500 € below the typical price (the median) for apartments in Varna (10,024 properties) — 1,314 €/m² against 1,901 €/m².
With 20% down over 20 years the monthly mortgage payment is about 910 €, against an expected local rent of 859 €. The rent covers 94% of it.
The asking price has fallen by 24,000 € (10.5%) since it was first listed.
Questions for the viewing
Only on imotesaDerived from this specific property's data — not a generic checklist. Take them with you.
Why is this priced below comparable properties? Is there anything that could affect the sale?
Because: The price per m² is about 31% below the average for comparable properties.
What feedback have previous viewers given?
Because: We have been tracking this listing for about 199 days.
Is there still room to negotiate?
Because: The price has been cut once, by about 10%.
What is the scope of the work, and are there hidden problems with the wiring or plumbing?
Because: The listing states that the property needs renovation.
Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.
Amenities
- With Transition
- Needs Renovation
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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