median 1,878 €/m² for comparable properties
Rent covers ~ 112% of the payment
~ 597 €/mo rent · pays for itself in ~ 17 yrs
~122,000 € ABOVE MARKET
overpriced
against the median for 3-room apartments in Pogrebi (129 properties)
Low investment rating
The rent covers 43% of the payment — you top up about 778 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 43 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 122,000 € above the typical price (the median) for 3-room apartments in Pogrebi (129 properties) — 3,100 €/m² against 1,878 €/m².
3-room apartment in Varna city, Pogrebi district, on the second floor of a brick building from 2013. The property has an area of 100 sq m and is located in a small, well-maintained building outside the green zone.
The layout includes a spacious living room with kitchenette, two bedrooms, bathroom with laundry area, separate toilet and corridor, with the kitchenette separated by a glass door.
The building features quality internal insulation, aluminum blinds and Japanese hyper-inverter air conditioners in every room, providing comfort and low heating and cooling costs.
The location is convenient, about 10 minutes on foot from the Cathedral, with free parking available in front of the building and an adjacent basement of 12 sq m.
The property is suitable for family use with a focus on functionality and comfort in an urban environment.
With 20% down over 20 years the monthly mortgage payment is about 1,375 €, against an expected local rent of 597 €. The rent covers 43% of it.
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The exact address hasn't been published by the seller — the map shows the neighbourhood.
median 1,878 €/m² for comparable properties
Rent covers ~ 112% of the payment
~ 597 €/mo rent · pays for itself in ~ 17 yrs
median 1,800 €/m² for comparable properties
Rent covers ~ 83% of the payment
~ 470 €/mo rent · you top up ~ 93 €/mo
median 1,878 €/m² for comparable properties
Rent covers ~ 93% of the payment
~ 597 €/mo rent · you top up ~ 42 €/mo
median 1,800 €/m² for comparable properties
Rent covers ~ 64% of the payment
~ 470 €/mo rent · you top up ~ 262 €/mo
median 1,774 €/m² for comparable properties
Rent covers ~ 120% of the payment
~ 512 €/mo rent · pays for itself in ~ 16 yrs
median 1,878 €/m² for comparable properties
Rent covers ~ 67% of the payment
~ 597 €/mo rent · you top up ~ 290 €/mo
median 1,878 €/m² for comparable properties
Rent covers ~ 96% of the payment
~ 597 €/mo rent · you top up ~ 24 €/mo
median 1,878 €/m² for comparable properties
Rent covers ~ 85% of the payment
~ 597 €/mo rent · you top up ~ 108 €/mo