−11% below market
median 1,664 €/m² for comparable properties
56,600 € 1,489 €/m²
Rent covers ~ 208% of the payment
~ 523 €/mo rent · pays for itself in ~ 9 yrs
Sale112,900 €1,393 €/m²
Expected rent587 € /mo
AT MARKET LEVEL
fairly priced
against the median for 3-room apartments in Kaisieva Gradina (159 properties)
Area
81 m²
Floor
6 / 9
Construction
Brick
Year
2028
Yield analysis
Good investment rating
Monthly payment501 €20% down payment · 20 yrs · 3%
Expected rent587 €at market conditions for the neighbourhood
The rent covers 117% 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.
Property analysis
This apartment is priced at the typical price (the median) for 3-room apartments in Kaisieva Gradina (159 properties) — 1,393 €/m² against 1,495 €/m².
Three-room apartment with an area of 81 sq m, located in the district of Kaisieva gradina, Varna city.
The layout includes a living room with kitchenette, two bedrooms, bathroom with toilet and terrace, providing convenience and functionality.
The property is in a new brick building from 2028, with an available elevator and parking space, constructed with quality materials.
The location offers access to urban infrastructure and green areas, suitable for family living.
The property is suitable for long-term residence with a balanced combination of comfort and practicality.
With 20% down over 20 years the monthly mortgage payment is about 501 €, against an expected local rent of 587 €. The rent covers the whole payment (117%).
Source: Market statistics for 3-room apartments in Kaisieva Gradina
Pros and cons
AI summaryPros
- south aspect
- functional layout
- new-build
- elevator and parking
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.
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.
Has Act 16 been issued, and what guarantees cover the common parts?
Because: The building dates from 2028.
Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.
Amenities
- Elevator
- With Parking
- Access Control
- Renovated
- Needs Renovation
Exposure
AI summarySSouth
Maximum sunlight throughout the day
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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