At market level
median 1,943 €/m² for comparable properties
160,000 € 1,860 €/m²
Rent covers ~ 78% of the payment
~ 552 €/mo rent · you top up ~ 158 €/mo
Sale375,000 €2,840 €/m²
Expected rent1,187 € /mo
~111,000 € ABOVE MARKET
overpriced
against the median for 3-room apartments in Sveti Nikola (32 properties)
Area
132 m²
Floor
4 / 4
Construction
Brick
Heating
Gas
Yield analysis
Low investment rating
Monthly payment1,664 €20% down payment · 20 yrs · 3%
Expected rent1,187 €at market conditions for the neighbourhood
The rent covers 71% of the payment — you top up about 477 €/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 111,000 € above the typical price (the median) for 3-room apartments in Sveti Nikola (32 properties) — 2,840 €/m² against 2,001 €/m².
Three-room apartment in Varna city, Sveti Nikola district, part of the Varna View residential complex.
The layout includes a spacious living area with terrace, two bedrooms, one of which has an en-suite bathroom and a second terrace, plus two utility rooms.
The building is brick with underfloor heating and gas supply, equipped with an elevator, and the apartment is on the top fourth floor.
The complex offers green areas and sea views, and the area is quiet and close to natural zones.
The property is suitable for families seeking a functional layout and amenities close to nature.
With 20% down over 20 years the monthly mortgage payment is about 1,664 €, against an expected local rent of 1,187 €. The rent covers 71% of it.
Source: Market statistics for 3-room apartments in Sveti Nikola
Pros and cons
AI summaryPros
- panoramic terrace
- underfloor heating
- elevator
- gas supply
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
- living area
- bedroom
- bedroom
Amenities
- Elevator
Exposure
AI summarySSouth
Maximum sunlight throughout the day
NNorth
Even light, cooler during summer
Details
- Category
- Residential
- Rooms
- 3
- Bathrooms
- 2
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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