median 1,750 €/m² for comparable properties
Rent covers ~ 108% of the payment
~ 652 €/mo rent · pays for itself in ~ 17 yrs
~46,000 € BELOW MARKET
good value
against the median for 3-room apartments in Zelenika (14 properties)
Fair investment rating
The rent covers 106% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 18 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 46,000 € below the typical price (the median) for 3-room apartments in Zelenika (14 properties) — 1,452 €/m² against 1,935 €/m².
A three-room apartment is offered in the city of Varna, m-t Zelenika. The property is located on the 3rd floor of a small 4-storey brick building from 2008. The layout includes a living area with sea view, two bedrooms, a bathroom with toilet, corridor, storage room and terraces. The building is of quality construction and has internet access. The area is quiet and close to nature, suitable for year-round living. The property is suitable both for family use and as an investment.
With 20% down over 20 years the monthly mortgage payment is about 612 €, against an expected local rent of 652 €. The rent covers the whole payment (106%).
The asking price has fallen by 2,000 € (1.4%) since it was first listed.
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 25% below the average for comparable properties.
What feedback have previous viewers given?
Because: We have been tracking this listing for about 181 days.
Is there still room to negotiate?
Because: The price has been cut once, by about 1%.
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 1,750 €/m² for comparable properties
Rent covers ~ 108% of the payment
~ 652 €/mo rent · pays for itself in ~ 17 yrs
median 1,740 €/m² for comparable properties
Rent covers ~ 46% of the payment
~ 652 €/mo rent · you top up ~ 768 €/mo
median 1,750 €/m² for comparable properties
Rent covers ~ 87% of the payment
~ 652 €/mo rent · you top up ~ 93 €/mo
median 1,750 €/m² for comparable properties
Rent covers ~ 123% of the payment
~ 652 €/mo rent · pays for itself in ~ 15 yrs
median 1,935 €/m² for comparable properties
Rent covers ~ 51% of the payment
~ 652 €/mo rent · you top up ~ 635 €/mo
median 1,600 €/m² for comparable properties
Rent covers ~ 45% of the payment
~ 573 €/mo rent · you top up ~ 714 €/mo
median 1,750 €/m² for comparable properties
Rent covers ~ 136% of the payment
~ 652 €/mo rent · pays for itself in ~ 14 yrs
median 1,750 €/m² for comparable properties
Rent covers ~ 118% of the payment
~ 652 €/mo rent · pays for itself in ~ 16 yrs