median 1,967 €/m² for comparable properties
Rent covers ~ 84% of the payment
~ 631 €/mo rent · you top up ~ 123 €/mo
~57,000 € ABOVE MARKET
overpriced
against the median for 3-room apartments in Gorna Traka (45 properties)
Low investment rating
The rent covers 68% of the payment — you top up about 295 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 28 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 57,000 € above the typical price (the median) for 3-room apartments in Gorna Traka (45 properties) — 2,710 €/m² against 1,967 €/m².
Three-room apartment in Varna city, m-t Gorna Traka area.
The layout includes a living room with kitchen, two bedrooms, corridor, bathroom and terrace, providing functional use of the space.
The building is brick with an elevator, and the apartment is in a new building with a maintained yard. Heating is provided by air conditioners in all rooms.
The location offers tranquility and proximity to nature, suitable for people seeking a quieter lifestyle outside the city center.
The property is suitable for families who value the conveniences of new-build and functional layout.
With 20% down over 20 years the monthly mortgage payment is about 926 €, against an expected local rent of 631 €. The rent covers 68% of it.
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.
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