median 1,299 €/m² for comparable properties
Rent covers ~ 82% of the payment
~ 505 €/mo rent · you top up ~ 114 €/mo
~19,000 € ABOVE MARKET
overpriced
against the median for 3-room apartments in Kaisieva Gradina (285 properties)
Good investment rating
The rent covers 118% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 16 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 19,000 € above the typical price (the median) for 3-room apartments in Kaisieva Gradina (285 properties) — 1,774 €/m² against 1,450 €/m².
Three-room apartment in Varna city, Kaisieva Gradina district, located on the 6th floor of 8 in a prefab panel block.
The property includes a living room, bedroom, and kitchen, all rooms are separate, which provides better functionality and convenience.
The building is insulated, the apartment has replaced window frames and is partially renovated, with access to hot water from district heating and an elevator.
The location is convenient, about 50 meters from a bus stop and close to schools, kindergartens, and shops; behind the block there is a playground and sports field.
The property is suitable for family use with balanced layout and good infrastructure in the area.
With 20% down over 20 years the monthly mortgage payment is about 457 €, against an expected local rent of 539 €. The rent covers the whole payment (118%).
Source: Average prices for 3-room apartments in Kaisieva Gradina
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
Derived from this specific property's data — not a generic checklist. Take them with you.
Has the block been insulated under the renovation programme, and is there paperwork for it?
Because: Prefabricated panel construction.
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 1,299 €/m² for comparable properties
Rent covers ~ 82% of the payment
~ 505 €/mo rent · you top up ~ 114 €/mo
median 1,543 €/m² for comparable properties
Rent covers ~ 123% of the payment
~ 495 €/mo rent · pays for itself in ~ 15 yrs
median 1,299 €/m² for comparable properties
Rent covers ~ 69% of the payment
~ 505 €/mo rent · you top up ~ 229 €/mo
median 1,450 €/m² for comparable properties
Rent covers ~ 95% of the payment
~ 539 €/mo rent · you top up ~ 26 €/mo
median 1,299 €/m² for comparable properties
Rent covers ~ 63% of the payment
~ 505 €/mo rent · you top up ~ 291 €/mo
median 1,299 €/m² for comparable properties
Rent covers ~ 70% of the payment
~ 505 €/mo rent · you top up ~ 218 €/mo
median 1,450 €/m² for comparable properties
Rent covers ~ 95% of the payment
~ 539 €/mo rent · you top up ~ 29 €/mo
median 1,450 €/m² for comparable properties
Rent covers ~ 98% of the payment
~ 539 €/mo rent · you top up ~ 10 €/mo