+24% above market
median 2,001 €/m² for comparable properties
420,000 € 2,485 €/m²
Rent covers ~ 64% of the payment
~ 1,187 €/mo rent · you top up ~ 676 €/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 with an area of 132 sq m is located in the Varna View complex in the Sveti Nikola district, Varna. The property is situated on the fourth, top floor of a brick building with an elevator.
The layout includes a spacious living area with access to a terrace with sea view, two bedrooms, one of which has an en-suite bathroom and access to a second terrace, as well as two utility rooms.
The building is gasified, and the apartment features underfloor heating and is finished turnkey. The property also includes a basement of 9.65 sq m.
The location offers views of the sea and green areas within the complex, with a quiet neighborhood close to the seaside.
The property is suitable for those seeking a home with the conveniences of a seaside area and functional layout.
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
- sea view
- underfloor heating
- elevator
- basement
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
- 1
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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