+19% above market
median 2,000 €/m² for comparable properties
155,000 € 2,384 €/m²
Rent covers ~ 80% of the payment
~ 549 €/mo rent · you top up ~ 139 €/mo
Sale180,000 €2,686 €/m²
Expected rent550 € /mo
~47,500 € ABOVE MARKET
overpriced
against the median for 2-room apartments in Levski 1 (67 properties)
Area
67 m²
Floor
4 / 5
Construction
Brick
Year
2015
Yield analysis
Low investment rating
Monthly payment799 €20% down payment · 20 yrs · 3%
Expected rent550 €at market conditions for the neighbourhood
The rent covers 69% of the payment — you top up about 249 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 27 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 47,500 € above the typical price (the median) for 2-room apartments in Levski 1 (67 properties) — 2,686 €/m² against 1,981 €/m².
Three-room apartment with an area of 67 sq m is located in Levski district, Varna, near Amici pizzeria. The property is situated on the 4th floor of 5 in a new brick building with an elevator.
The layout is compact and functional, without unnecessary spaces, providing convenience and efficient use of the area. The apartment is fully furnished and equipped.
The building was constructed in 2015, using quality materials and offers amenities such as an elevator, internet, video surveillance, and access control.
The location is convenient, with easy access to urban infrastructure and services, making it suitable for living or investment.
The property represents a balanced solution for a family home or rental in a preferred area of Varna.
With 20% down over 20 years the monthly mortgage payment is about 799 €, against an expected local rent of 550 €. The rent covers 69% of it.
This property is advertised in 2 offers, all from the same agency. All offers are at the same price. It has been listed for 59 days.
Pros and cons
AI summaryPros
- functional layout
- new building
- elevator
- quality materials
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.
Who am I negotiating with, and who is authorised to agree a price?
Because: The property appears in 2 listings at the same price.
Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.
Layout
- bedroom
- bedroom
- bedroom
Amenities
- Elevator
- Internet Connection
- Video Surveillance
- Access Control
- Renovated
Details
- Category
- Residential
- Rooms
- 3
- Furnishing
- Yes
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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