−11% below market
median 1,975 €/m² for comparable properties
126,900 € 1,762 €/m²
Rent covers ~ 98% of the payment
~ 550 €/mo rent · you top up ~ 13 €/mo
Sale335,000 €3,045 €/m²
Expected rent627 € /mo
~131,500 € ABOVE MARKET
overpriced
against the median for 3-room apartments in Levski 2 (52 properties)
Area
110 m²
Floor
7 / 8
Construction
Brick
Year
2020
Heating
Gas
Yield analysis
Low investment rating
Monthly payment1,486 €20% down payment · 20 yrs · 3%
Expected rent627 €at market conditions for the neighbourhood
The rent covers 42% of the payment — you top up about 859 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 45 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 131,500 € above the typical price (the median) for 3-room apartments in Levski 2 (52 properties) — 3,045 €/m² against 1,851 €/m².
Three-room apartment in the district of Levski 2, Varna, built in 2020. It has an area of 110 sq m and is located on the 7th floor of a total of 8.
The layout includes two bedrooms, a living room with kitchenette, a large bathroom with toilet, and an additional second toilet, providing convenience for family use.
The building is brick construction with two elevators and is equipped with two air conditioners. There is an option for a parking space in the building or free parking nearby.
The location is close to key institutions such as VMA, UMHAT St. Marina, and the Technical University, as well as kindergarten, school, and shops.
The property is suitable for people seeking convenience and good infrastructure in an urban environment.
With 20% down over 20 years the monthly mortgage payment is about 1,486 €, against an expected local rent of 627 €. The rent covers 42% of it.
Pros and cons
AI summaryPros
- new-build
- elevator
- two toilets
- central location
Cons
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
Layout
- bedroom
- bedroom
- bedroom
Amenities
- Elevator
Details
- Category
- Residential
- Rooms
- 3
- Bathrooms
- 2
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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