+24% above market
median 2,475 €/m² for comparable properties
199,000 € 3,061 €/m²
Rent covers ~ 72% of the payment
~ 640 €/mo rent · you top up ~ 243 €/mo
Sale450,000 €2,500 €/m²
Expected rent724 € /mo
~90,000 € ABOVE MARKET
overpriced
against the median for 3-room apartments in Evksinograd (19 properties)
Area
180 m²
Floor
0 / 5
Construction
Brick
Year
2013
Yield analysis
Low investment rating
Monthly payment1,997 €20% down payment · 20 yrs · 3%
Expected rent724 €at market conditions for the neighbourhood
The rent covers 36% of the payment — you top up about 1,273 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 52 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 90,000 € above the typical price (the median) for 3-room apartments in Evksinograd (19 properties) — 2,500 €/m² against 2,000 €/m².
Three-room apartment in Varna, m-t Evksinograd, located on the ground floor of a 2013 brick building.
The layout includes a living area of 55 sq m, two bedrooms (25 and 13 sq m), a bathroom with toilet, separate toilet, laundry room, walk-in closet, terrace in front of the bedrooms and a large veranda in front of the living room. Possibility to create a third bedroom.
The property is luxuriously furnished and ready to move in, with access control and maintained common areas.
The complex offers 24-hour security, landscaped yard, two swimming pools, children's playground, tennis court, sports field and barbecue area, with beaches nearby.
Suitable for people seeking a spacious and functional home close to nature with amenities for relaxation and sports.
With 20% down over 20 years the monthly mortgage payment is about 1,997 €, against an expected local rent of 724 €. The rent covers 36% of it.
Source: Market statistics for 3-room apartments in Evksinograd
Pros and cons
AI summaryPros
- functional layout
- large veranda
- access control
- close to nature
Cons
- ground floor
Layout
- living area 55 sq m
- bedroom 25 sq m
- bedroom 13 sq m
Amenities
- Access Control
Details
- Category
- Residential
- Rooms
- 3
- Bathrooms
- 2
- Furnishing
- Yes
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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