median 1,967 €/m² for comparable properties
Rent covers ~ 84% of the payment
~ 631 €/mo rent · you top up ~ 123 €/mo
~45,500 € BELOW MARKET
good value
against the median for 3-room apartments in Gorna Traka (45 properties)
Fair investment rating
The rent covers 86% of the payment — you top up about 101 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 22 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 45,500 € below the typical price (the median) for 3-room apartments in Gorna Traka (45 properties) — 1,541 €/m² against 1,967 €/m².
Three-room apartment in the city of Varna, m-t Gorna Traka, part of a new brick building from 2026. It is located on the second floor of three and offers an area of 107 sq m.
The property features two bedrooms and a spacious living area, with a functional layout providing convenience for family use.
The building is new-build with quality materials, currently at Act 15 stage, allowing for finishing works according to the buyer's needs.
The location is quiet and peaceful, with the possibility to use two parking spaces and offers a sea view, contributing to a calmer living environment.
Suitable property for family residence or investment, combining convenience and natural surroundings close to the city.
With 20% down over 20 years the monthly mortgage payment is about 732 €, against an expected local rent of 631 €. The rent covers 86% of it.
The asking price has fallen by 15,000 € (8.3%) since it was first listed.
Source: Market statistics for 3-room apartments in Gorna Traka
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 22% below the average for comparable properties.
Is there still room to negotiate?
Because: The price has been cut once, by about 8%.
Has Act 16 been issued, and what guarantees cover the common parts?
Because: The building dates from 2026.
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 1,967 €/m² for comparable properties
Rent covers ~ 84% of the payment
~ 631 €/mo rent · you top up ~ 123 €/mo
median 1,967 €/m² for comparable properties
Rent covers ~ 113% of the payment
~ 558 €/mo rent · pays for itself in ~ 17 yrs
median 1,967 €/m² for comparable properties
Rent covers ~ 98% of the payment
~ 631 €/mo rent · you top up ~ 12 €/mo
median 1,967 €/m² for comparable properties
Rent covers ~ 50% of the payment
~ 631 €/mo rent · you top up ~ 629 €/mo
median 1,967 €/m² for comparable properties
Rent covers ~ 77% of the payment
~ 631 €/mo rent · you top up ~ 190 €/mo
median 1,967 €/m² for comparable properties
Rent covers ~ 81% of the payment
~ 558 €/mo rent · you top up ~ 130 €/mo
median 1,967 €/m² for comparable properties
Rent covers ~ 105% of the payment
~ 631 €/mo rent · pays for itself in ~ 18 yrs
median 1,862 €/m² for comparable properties
Rent covers ~ 95% of the payment
~ 906 €/mo rent · you top up ~ 43 €/mo