+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
Sale240,000 €2,181 €/m²
Expected rent685 € /mo
~45,000 € ABOVE MARKET
overpriced
against the median for 3-room apartments in Pchelina (109 properties)
Area
110 m²
Floor
2 / 5
Construction
Brick
Year
2010
Yield analysis
Low investment rating
Monthly payment1,065 €20% down payment · 20 yrs · 3%
Expected rent685 €at market conditions for the neighbourhood
The rent covers 64% of the payment — you top up about 380 €/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.
Price history
4 changes since listing▼ 0.8% · 1,900 €
- 241,900 €
- 249,000 €▲ 7,100 € (2.9%)
- 240,000 €▼ 9,000 € (3.6%)
- 241,400 €▲ 1,400 € (0.6%)
- 240,000 €▼ 1,400 € (0.6%)
Property analysis
This apartment is priced about 45,000 € above the typical price (the median) for 3-room apartments in Pchelina (109 properties) — 2,181 €/m² against 1,773 €/m².
3-room apartment in Varna, m-t Pchelina, located on the 2nd floor of 5.
The layout includes a living room with kitchenette, two bedrooms, bathroom, separate toilet, storage room, laundry room and two terraces.
The building is brick, built in 2010, with maintained common areas and solid construction. The property includes a basement and parking possibility in the inner yard.
The location is convenient, with quick access to Varna city centre and close to a bus stop, schools, kindergartens and shops.
Suitable for families looking for a comfortable and functional home with sea view and good infrastructure.
With 20% down over 20 years the monthly mortgage payment is about 1,065 €, against an expected local rent of 685 €. The rent covers 64% of it.
The asking price has fallen by 1,900 € (0.8%) since it was first listed.
Pros and cons
AI summaryPros
- sea view
- two terraces
- basement
- 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
Amenities
- Elevator
- Internet Connection
- Access Control
- Renovated
Details
- Category
- Residential
- Rooms
- 3
- Bathrooms
- 1
- Furnishing
- Yes
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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