median 2,000 €/m² for comparable properties
Rent covers ~ 84% of the payment
~ 553 €/mo rent · you top up ~ 107 €/mo
~52,000 € BELOW MARKET
good value
against the median for 3-room apartments in Levski 1 (198 properties)
Fair investment rating
The rent covers 100% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 19 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 52,000 € below the typical price (the median) for 3-room apartments in Levski 1 (198 properties) — 1,480 €/m² against 1,975 €/m².
Three-room apartment in a new building from 2024, located in the Levski 1 district, Varna city.
Layout includes a living room of 28 sq m and two bedrooms, providing convenience and functionality for family use.
The building is brick, with an elevator and parking spaces; the common areas are finished with quality materials, and the apartment is on the second floor of a total of 11.
The location offers access to urban infrastructure and green areas with a sea view.
The property is suitable for people seeking a modern urban home with amenities and parking availability.
With 20% down over 20 years the monthly mortgage payment is about 690 €, against an expected local rent of 692 €. The rent covers the whole payment (100%).
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 25% below the average for comparable properties.
What feedback have previous viewers given?
Because: We have been tracking this listing for about 270 days.
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 2,000 €/m² for comparable properties
Rent covers ~ 84% of the payment
~ 553 €/mo rent · you top up ~ 107 €/mo
median 1,975 €/m² for comparable properties
Rent covers ~ 100% of the payment
~ 692 €/mo rent · pays for itself in ~ 19 yrs
median 1,975 €/m² for comparable properties
Rent covers ~ 47% of the payment
~ 692 €/mo rent · you top up ~ 777 €/mo
median 1,975 €/m² for comparable properties
Rent covers ~ 79% of the payment
~ 692 €/mo rent · you top up ~ 189 €/mo
median 2,000 €/m² for comparable properties
Rent covers ~ 79% of the payment
~ 553 €/mo rent · you top up ~ 151 €/mo
median 2,000 €/m² for comparable properties
Rent covers ~ 88% of the payment
~ 553 €/mo rent · you top up ~ 73 €/mo
median 2,000 €/m² for comparable properties
Rent covers ~ 95% of the payment
~ 553 €/mo rent · you top up ~ 31 €/mo
median 2,000 €/m² for comparable properties
Rent covers ~ 96% of the payment
~ 553 €/mo rent · you top up ~ 21 €/mo