+11% above market
median 1,864 €/m² for comparable properties
103,000 € 2,060 €/m²
Rent covers ~ 110% of the payment
~ 503 €/mo rent · pays for itself in ~ 17 yrs
Sale223,000 €2,027 €/m²
Expected rent728 € /mo
~27,000 € ABOVE MARKET
above market
against the median for 3-room apartments in Pchelina (58 properties)
Area
110 m²
Floor
2 / 4
Construction
Brick
Year
2015
Yield analysis
Low investment rating
Monthly payment989 €20% down payment · 20 yrs · 3%
Expected rent728 €at market conditions for the neighbourhood
The rent covers 74% of the payment — you top up about 261 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 26 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.
Property analysis
This apartment is priced about 27,000 € above the typical price (the median) for 3-room apartments in Pchelina (58 properties) — 2,027 €/m² against 1,782 €/m².
Apartment with three rooms, located in Varna, m-t Pchelina. The property is on the second floor of a four-storey brick building, built in 2015.
The layout includes a living room with kitchenette, two bedrooms, bathroom, separate toilet, storage room, laundry room and two terraces with sea view.
The building is a solid brick construction with maintained common areas and access control. The apartment is renovated and offered furnished.
The location is convenient with quick access to the city centre and amenities such as bus stop, schools and shops nearby.
The property is suitable for family use with a functional layout and parking possibility in the inner yard.
With 20% down over 20 years the monthly mortgage payment is about 989 €, against an expected local rent of 728 €. The rent covers 74% of it.
Pros and cons
AI summaryPros
- functional layout
- sea view
- parking in inner yard
- brick construction
Cons
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
Layout
- living room
- bedroom
- bedroom
- bathroom
- toilet
Amenities
- With Parking
- Access Control
- Renovated
Details
- Category
- Residential
- Rooms
- 3
- Bathrooms
- 2
- Furnishing
- Yes
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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