median 1,590 €/m² for comparable properties
Rent covers ~ 119% of the payment
~ 501 €/mo rent · pays for itself in ~ 16 yrs
~18,500 € BELOW MARKET
good value
against the median for 3-room apartments in Kaisieva Gradina (160 properties)
Fair investment rating
The rent covers 107% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 18 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 18,500 € below the typical price (the median) for 3-room apartments in Kaisieva Gradina (160 properties) — 1,299 €/m² against 1,495 €/m².
3-room apartment in the district of Kaisieva gradina, city of Varna. The property is located on the 4th floor of a 15-storey building with an elevator and access control.
The layout includes a spacious living room with kitchen and dining area, two separate bedrooms, a bathroom with toilet, a separate toilet, a storage room, and a terrace. The rooms are not walk-through, which improves functionality.
The building is brick, in an early stage of construction, with the option to purchase a parking space or garage. The property has a fully south aspect, providing good natural light.
The district is in a developing part of Varna with convenient access to urban infrastructure and services.
It is suitable both for living and for investment, combining functionality and comfort in an urban environment.
With 20% down over 20 years the monthly mortgage payment is about 548 €, against an expected local rent of 587 €. The rent covers the whole payment (107%).
Source: Market statistics 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.
Why is this priced below comparable properties? Is there anything that could affect the sale?
Because: The price per m² is about 13% below the average for comparable properties.
Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.
Maximum sunlight throughout the day
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