median 1,900 €/m² for comparable properties
Rent covers ~ 226% of the payment
~ 652 €/mo rent · pays for itself in ~ 8 yrs
~31,500 € BELOW MARKET
good value
against the median for apartments in Varna (10,011 properties)
Fair investment rating
The rent covers 101% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 19 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 31,500 € below the typical price (the median) for apartments in Varna (10,011 properties) — 1,559 €/m² against 1,900 €/m².
Three-room apartment with an area of 93 sq m, located in the city of Varna, m-t Mentesheto. The property is in a new residential building from 2025, on the third floor of a five-storey building with an elevator.
The layout includes a bright living room with kitchen and dining area, two bedrooms, bathroom with toilet, and balcony. The entrance hall offers space for a wardrobe, and the rooms are functionally organized for comfortable use.
The building is brick construction with modern facades and common areas, offering controlled access and a maintained environment. Amenities include an elevator and parking space in a gated complex.
The location is convenient, close to schools, kindergartens, shops, and good transport connections to key points in the city. The area offers green spaces and sports grounds, suitable for families.
The property is suitable for living or investment, providing a balance between urban comfort and tranquility in a developing area.
With 20% down over 20 years the monthly mortgage payment is about 643 €, against an expected local rent of 652 €. The rent covers the whole payment (101%).
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 18% below the average for comparable properties.
Has Act 16 been issued, and what guarantees cover the common parts?
Because: The building dates from 2025.
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 1,900 €/m² for comparable properties
Rent covers ~ 226% of the payment
~ 652 €/mo rent · pays for itself in ~ 8 yrs