+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
Sale224,900 €2,677 €/m²
Expected rent728 € /mo
~75,000 € ABOVE MARKET
overpriced
against the median for 3-room apartments in Pchelina (58 properties)
Area
84 m²
Floor
5 / 5
Construction
Brick
Year
2024
Yield analysis
Low investment rating
Monthly payment998 €20% down payment · 20 yrs · 3%
Expected rent728 €at market conditions for the neighbourhood
The rent covers 73% of the payment — you top up about 270 €/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 75,000 € above the typical price (the median) for 3-room apartments in Pchelina (58 properties) — 2,677 €/m² against 1,782 €/m².
Three-room apartment with an area of 84 sq m, located in Varna, m-t Pchelina. The property is in a new building from 2024, on the 5th floor with an elevator.
The layout includes a spacious entrance hall, bright living room with kitchenette, two bedrooms, one of which has a walk-in closet, a bathroom, and a terrace.
The building is brick, with an elevator and access control, with a fully asphalted road leading to it. The apartment is fully furnished and ready for use without additional investments.
The location offers quick access to the city, proximity to shops and public transport stops. The surroundings are quiet and suitable for living.
The property is suitable for family living with conveniences and functional layout in a gated complex.
With 20% down over 20 years the monthly mortgage payment is about 998 €, against an expected local rent of 728 €. The rent covers 73% of it.
Pros and cons
AI summaryPros
- functional layout
- panoramic view
- new-build
- elevator
Cons
- top floor
Questions for the viewing
Only on imotesaDerived from this specific property's data — not a generic checklist. Take them with you.
What condition is the roof in, and does it overheat in summer?
Because: The property is on the top floor.
Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.
Layout
- entrance hall
- living room
- bedroom
- bedroom
Amenities
- Elevator
- Access Control
- Renovated
- Gated Community
- Tax Credit Option
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.
Similar properties nearby
At market level
median 1,782 €/m² for comparable properties
205,000 € 1,952 €/m²
Rent covers ~ 80% of the payment
~ 728 €/mo rent · you top up ~ 182 €/mo
At market level
median 1,864 €/m² for comparable properties
113,000 € 1,883 €/m²
Rent covers ~ 100% of the payment
~ 503 €/mo rent · pays for itself in ~ 19 yrs
+56% above market
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Rent covers ~ 72% of the payment
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At market level
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At market level
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At market level
median 1,864 €/m² for comparable properties
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At market level
median 1,864 €/m² for comparable properties
108,000 € 1,862 €/m²
Rent covers ~ 105% of the payment
~ 503 €/mo rent · pays for itself in ~ 18 yrs