median 1,967 €/m² for comparable properties
Rent covers ~ 84% of the payment
~ 631 €/mo rent · you top up ~ 123 €/mo
AT MARKET LEVEL
fairly priced
against the median for 3-room apartments in Gorna Traka (45 properties)
Low investment rating
The rent covers 69% of the payment — you top up about 279 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 27 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 at the typical price (the median) for 3-room apartments in Gorna Traka (45 properties) — 2,157 €/m² against 1,967 €/m².
Three-room apartment in Varna, m-t Gorna Traka, located on the second floor of a three-storey brick building. The property has an area of 95 sq m and is fully furnished. The layout includes an entrance hall, living room with kitchenette, two bedrooms and a bathroom with toilet, providing functional use of the space. The building was constructed in 2011 with brick construction and is in good condition, with the property renovated. The location offers tranquility and proximity to nature, suitable for living or renting out. There is an option to purchase an underground parking space complementing the property's conveniences. The property is suitable for people seeking a balance between comfort and closeness to nature.
With 20% down over 20 years the monthly mortgage payment is about 910 €, against an expected local rent of 631 €. The rent covers 69% of it.
The asking price has fallen by 20,000 € (8.9%) 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.
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.
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