median 1,967 €/m² for comparable properties
Rent covers ~ 84% of the payment
~ 631 €/mo rent · you top up ~ 123 €/mo
~64,500 € ABOVE MARKET
overpriced
against the median for 3-room apartments in Gorna Traka (45 properties)
Low investment rating
The rent covers 65% of the payment — you top up about 345 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 29 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 64,500 € above the typical price (the median) for 3-room apartments in Gorna Traka (45 properties) — 2,784 €/m² against 1,967 €/m².
Three-room apartment in Varna, m-t Gorna Traka, located in a gated complex.
The property has a functional layout with a living room and kitchenette, two bedrooms, and two terraces, with the main terrace glazed with PVC.
The building is brick, built in 2016, with an elevator and maintenance of common areas. The apartment is equipped with air conditioners and built-in appliances, with laminate and terracotta flooring.
The location is in a quiet and green part of the city, with parking available in the complex yard.
The property is suitable for living or investment considering the amenities and sea view.
With 20% down over 20 years the monthly mortgage payment is about 976 €, against an expected local rent of 631 €. The rent covers 65% 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.
Maximum sunlight throughout the day
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