median 1,864 €/m² for comparable properties
Rent covers ~ 110% of the payment
~ 503 €/mo rent · pays for itself in ~ 17 yrs
~13,000 € ABOVE MARKET
above market
against the median for 3-room apartments in Pchelina (58 properties)
Good investment rating
The rent covers 113% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 17 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 13,000 € above the typical price (the median) for 3-room apartments in Pchelina (58 properties) — 1,959 €/m² against 1,782 €/m².
Three-room apartment with an area of 74 sq m, located in m-t Pchelina, Varna. The property is on the ground floor of a building from 2012, constructed with brick materials.
The layout includes an entrance hall, corridor, living room with dining area, two bedrooms, two bathrooms and a terrace. The interior space is functional and allows comfortable use for a family or investment.
The building has controlled access and offers basic amenities. The construction is brick, providing good thermal and sound insulation.
The location is about 4 km from the centre of Varna, close to a main road and 8 km from the airport, ensuring easy access to urban infrastructure and nature.
The property is suitable for people seeking tranquility close to nature with convenient access to the city.
With 20% down over 20 years the monthly mortgage payment is about 643 €, against an expected local rent of 728 €. The rent covers the whole payment (113%).
The asking price has fallen by 4,000 € (2.6%) since it was first listed.
The exact address hasn't been published by the seller — the map shows the neighbourhood.
median 1,864 €/m² for comparable properties
Rent covers ~ 110% of the payment
~ 503 €/mo rent · pays for itself in ~ 17 yrs
median 1,782 €/m² for comparable properties
Rent covers ~ 80% of the payment
~ 728 €/mo rent · you top up ~ 182 €/mo
median 1,864 €/m² for comparable properties
Rent covers ~ 100% of the payment
~ 503 €/mo rent · pays for itself in ~ 19 yrs
median 1,864 €/m² for comparable properties
Rent covers ~ 72% of the payment
~ 503 €/mo rent · you top up ~ 193 €/mo
median 1,864 €/m² for comparable properties
Rent covers ~ 82% of the payment
~ 503 €/mo rent · you top up ~ 107 €/mo
median 1,864 €/m² for comparable properties
Rent covers ~ 116% of the payment
~ 503 €/mo rent · pays for itself in ~ 16 yrs
median 1,864 €/m² for comparable properties
Rent covers ~ 105% of the payment
~ 503 €/mo rent · pays for itself in ~ 18 yrs
median 1,864 €/m² for comparable properties
Rent covers ~ 105% of the payment
~ 503 €/mo rent · pays for itself in ~ 18 yrs