median 1,590 €/m² for comparable properties
Rent covers ~ 119% of the payment
~ 501 €/mo rent · pays for itself in ~ 16 yrs
~413,000 € BELOW MARKET
far below market
against the median for 3-room apartments in Kaisieva Gradina (160 properties)
A price this far below the market usually has a reason the listing does not mention — encumbrances or an error in the ad.
Fair investment rating
The rent covers 78% of the payment — you top up about 167 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 24 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 413,000 € below the typical price (the median) for 3-room apartments in Kaisieva Gradina (160 properties) — 435 €/m² against 1,495 €/m². A price this far below the market usually has a reason the listing does not mention — encumbrances or an error in the ad.
3-room apartment in Varna city, Kaisieva Gradina district, offering a large outdoor area. The property is located on the top floor of a new brick building from 2026 with an elevator and parking.
The layout includes two bedrooms, a living area with kitchen, bathroom, laundry room, and a 300 sq m terrace with panoramic views of the sea and lake. The interior space is functional and provides comfort.
The building is new, constructed with brick materials and offers modern amenities such as internet and access control. The apartment is finished turnkey, reducing the need for additional renovations.
The location is convenient, close to shops, bus stops, and large retail chains like JUMBO and Kaufland. The area has good infrastructure and provides easy access to city services.
The property is suitable for those seeking a spacious apartment with a large outdoor area and views, combining the conveniences of urban living with a sense of private space.
With 20% down over 20 years the monthly mortgage payment is about 754 €, against an expected local rent of 587 €. The rent covers 78% of it.
The asking price has fallen by 9,900 € (5.5%) since it was first listed.
Source: Market statistics for 3-room apartments in Kaisieva Gradina
Derived 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 71% below the average for comparable properties.
Is there still room to negotiate?
Because: The price has been cut once, by about 6%.
Has Act 16 been issued, and what guarantees cover the common parts?
Because: The building dates from 2026.
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.
The exact address hasn't been published by the seller — the map shows the neighbourhood.
median 1,590 €/m² for comparable properties
Rent covers ~ 119% of the payment
~ 501 €/mo rent · pays for itself in ~ 16 yrs
median 1,590 €/m² for comparable properties
Rent covers ~ 110% of the payment
~ 501 €/mo rent · pays for itself in ~ 17 yrs
median 1,664 €/m² for comparable properties
Rent covers ~ 196% of the payment
~ 522 €/mo rent · pays for itself in ~ 10 yrs
median 1,590 €/m² for comparable properties
Rent covers ~ 117% of the payment
~ 501 €/mo rent · pays for itself in ~ 16 yrs
median 1,660 €/m² for comparable properties
Rent covers ~ 74% of the payment
~ 522 €/mo rent · you top up ~ 187 €/mo
median 1,495 €/m² for comparable properties
Rent covers ~ 113% of the payment
~ 587 €/mo rent · pays for itself in ~ 17 yrs
median 1,590 €/m² for comparable properties
Rent covers ~ 100% of the payment
~ 501 €/mo rent · pays for itself in ~ 19 yrs
median 1,590 €/m² for comparable properties
Rent covers ~ 125% of the payment
~ 501 €/mo rent · pays for itself in ~ 15 yrs