+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
Sale275,000 €3,313 €/m²
Expected rent724 € /mo
~109,000 € ABOVE MARKET
overpriced
against the median for 3-room apartments in Evksinograd (19 properties)
Area
83 m²
Floor
2 / 3
Construction
Brick
Year
2000
Yield analysis
Low investment rating
Monthly payment1,220 €20% down payment · 20 yrs · 3%
Expected rent724 €at market conditions for the neighbourhood
The rent covers 59% of the payment — you top up about 496 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 32 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.
Price history
1 change since listing▼ 9.1% · 25,000 €
- 275,000 €
- 250,000 €▼ 25,000 € (9.1%)
Property analysis
This apartment is priced about 109,000 € above the typical price (the median) for 3-room apartments in Evksinograd (19 properties) — 3,313 €/m² against 2,000 €/m².
Three-room studio with an area of 83 sq m is located in m-t Evksinograd, Varna.
The layout includes a corridor, living room with kitchenette, two bedrooms, bathroom with toilet, laundry room and two terraces. The property has walk-through rooms and a southeast aspect.
The building is brick, built in 2000, with Act 16, no elevator, PVC windows and air conditioning heating. The common areas are well maintained, with video surveillance and access control.
The location is in a gated complex near the Evksinograd residence, with convenient access to the beach and main road, in a quiet and peaceful area.
The property is suitable both for personal use and for rental, including a parking space and security in the price.
With 20% down over 20 years the monthly mortgage payment is about 1,220 €, against an expected local rent of 724 €. The rent covers 59% of it.
The asking price has fallen by 25,000 € (9.1%) since it was first listed.
Source: Market statistics for 3-room apartments in Evksinograd
Pros and cons
AI summaryPros
- gated complex
- two terraces
- parking included
- southeast aspect
Cons
- no elevator
- one bathroom
Questions for the viewing
Only on imotesaDerived from this specific property's data — not a generic checklist. Take them with you.
What feedback have previous viewers given?
Because: We have been tracking this listing for about 267 days.
Is there still room to negotiate?
Because: The price has been cut once, by about 9%.
Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.
Layout
- corridor
- living room
- bedroom
- bedroom
- bathroom
- laundry room
- terrace
- terrace
Amenities
- Security
- With Parking
- Gated Community
- Access Control
Details
- Category
- Residential
- Rooms
- 3
- Bathrooms
- 1
- Furnishing
- Yes
Location
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