median 1,967 €/m² for comparable properties
Rent covers ~ 113% of the payment
~ 558 €/mo rent · pays for itself in ~ 17 yrs
~24,500 € BELOW MARKET
good value
against the median for 3-room apartments in Gorna Traka (45 properties)
Fair investment rating
The rent covers 84% of the payment — you top up about 123 €/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 24,500 € below the typical price (the median) for 3-room apartments in Gorna Traka (45 properties) — 1,717 €/m² against 1,967 €/m².
Three-room apartment with an area of 99 sq m, located on the second floor of a three-storey building in m-t Gorna Traka, Varna.
The layout includes a spacious living room, two separate bedrooms, a terrace, a bathroom with toilet and a second separate toilet, as well as a basement storage room.
The building is brick from 2011, with an elevator, maintained yard and swimming pool, equipped with video surveillance and access control.
The location offers quiet, greenery and partial sea views, with convenient access to urban infrastructure and proximity to seaside resorts.
The property is suitable for people seeking tranquility and a functional home close to nature with good amenities.
With 20% down over 20 years the monthly mortgage payment is about 754 €, against an expected local rent of 631 €. The rent covers 84% 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.
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 13% below the average for comparable properties.
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 ~ 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
median 1,967 €/m² for comparable properties
Rent covers ~ 89% of the payment
~ 631 €/mo rent · you top up ~ 79 €/mo