At market level
median 1,590 €/m² for comparable properties
94,900 € 1,482 €/m²
Rent covers ~ 119% of the payment
~ 501 €/mo rent · pays for itself in ~ 16 yrs
Sale160,000 €2,162 €/m²
Expected rent587 € /mo
~49,500 € ABOVE MARKET
overpriced
against the median for 3-room apartments in Kaisieva Gradina (160 properties)
Area
74 m²
Floor
5 / 6
Construction
Brick
Year
2020
Yield analysis
Fair investment rating
Monthly payment710 €20% down payment · 20 yrs · 3%
Expected rent587 €at market conditions for the neighbourhood
The rent covers 83% of the payment — you top up about 123 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 23 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 49,500 € above the typical price (the median) for 3-room apartments in Kaisieva Gradina (160 properties) — 2,162 €/m² against 1,495 €/m².
3-room apartment in the Kaisieva gradina district, Varna city, located on the 5th floor of 6 in a building from 2020 with an elevator.
The layout includes an entrance hall, living area with kitchen section, two bedrooms, bathroom with toilet, laundry room and terrace.
The building is brick, with a modern look and quality construction, and the property is finished turnkey, without the need for additional renovations.
The area offers good infrastructure with shops, schools, kindergartens and transport connections.
Suitable for family use or investment with a convenient urban location and functional layout.
With 20% down over 20 years the monthly mortgage payment is about 710 €, against an expected local rent of 587 €. The rent covers 83% of it.
Source: Market statistics for 3-room apartments in Kaisieva Gradina
Pros and cons
AI summaryPros
- functional layout
- new building
- elevator
- ready to move in
Cons
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
Questions for the viewing
Only on imotesaDerived from this specific property's data — not a generic checklist. Take them with you.
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
- living area
- bedroom
- bedroom
- bathroom
- laundry room
- entrance hall
- 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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