+42% above market
median 2,001 €/m² for comparable properties
375,000 € 2,840 €/m²
Rent covers ~ 71% of the payment
~ 1,187 €/mo rent · you top up ~ 477 €/mo
Sale332,000 €2,496 €/m²
Expected rent1,187 € /mo
~66,000 € ABOVE MARKET
overpriced
against the median for 3-room apartments in Sveti Nikola (32 properties)
Area
133 m²
Floor
1 / 4
Construction
Brick
Year
2027
Yield analysis
Fair investment rating
Monthly payment1,473 €20% down payment · 20 yrs · 3%
Expected rent1,187 €at market conditions for the neighbourhood
The rent covers 81% of the payment — you top up about 286 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 23 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 66,000 € above the typical price (the median) for 3-room apartments in Sveti Nikola (32 properties) — 2,496 €/m² against 2,001 €/m².
The offered property is a three-room apartment with an area of 133 sq m, located in a new building in the Sveti Nikola district, Varna. The layout includes a living area with a kitchenette, two bedrooms, two bathrooms, and a terrace, providing convenient internal functionality. The building is brick, constructed in 2027, with an elevator and the possibility of a parking space, and the apartment is sold unfinished with plumbing and electrical installations completed. The location is well connected, close to main boulevards, public transport, supermarkets, and educational institutions. The property is suitable both for living and as an investment for rental purposes.
With 20% down over 20 years the monthly mortgage payment is about 1,473 €, against an expected local rent of 1,187 €. The rent covers 81% of it.
Source: Market statistics for 3-room apartments in Sveti Nikola
Pros and cons
AI summaryPros
- functional layout
- new building
- elevator
- parking space
Cons
- ground floor
Questions for the viewing
Only on imotesaDerived from this specific property's data — not a generic checklist. Take them with you.
Has Act 16 been issued, and what guarantees cover the common parts?
Because: The building dates from 2027.
Is there damp, is there enough daylight, and what is the noise like?
Because: The property is on the first 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 42.6
- bedroom 16.4
- bedroom 18
Amenities
- Elevator
- With Parking
- Access Control
- Renovated
Details
- Category
- Residential
- Rooms
- 3
- Bathrooms
- 2
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
Similar properties nearby
+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
+39% above market
median 1,974 €/m² for comparable properties
225,000 € 2,743 €/m²
Rent covers ~ 70% of the payment
~ 696 €/mo rent · you top up ~ 302 €/mo
At market level
median 2,404 €/m² for comparable properties
373,500 € 2,490 €/m²
Rent covers ~ 72% of the payment
~ 1,187 €/mo rent · you top up ~ 470 €/mo
At market level
median 2,404 €/m² for comparable properties
360,600 € 2,404 €/m²
Rent covers ~ 74% of the payment
~ 1,187 €/mo rent · you top up ~ 413 €/mo
At market level
median 1,967 €/m² for comparable properties
160,000 € 1,860 €/m²
Rent covers ~ 79% of the payment
~ 559 €/mo rent · you top up ~ 151 €/mo
At market level
median 1,974 €/m² for comparable properties
159,900 € 1,974 €/m²
Rent covers ~ 98% of the payment
~ 696 €/mo rent · you top up ~ 13 €/mo
At market level
median 1,974 €/m² for comparable properties
160,000 € 1,818 €/m²
Rent covers ~ 98% of the payment
~ 696 €/mo rent · you top up ~ 14 €/mo