median 2,001 €/m² for comparable properties
Rent covers ~ 71% of the payment
~ 1,187 €/mo rent · you top up ~ 477 €/mo
~23,000 € ABOVE MARKET
above market
against the median for 3-room apartments in Sveti Nikola (32 properties)
Strong investment rating
The rent covers 153% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 12 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 23,000 € above the typical price (the median) for 3-room apartments in Sveti Nikola (32 properties) — 2,302 €/m² against 2,001 €/m².
Three-room apartment in Varna city, area Sveti Nikola, located on the first floor of a four-storey brick building from 2008. The building has an elevator and controlled access.
The apartment has a functional layout with a corridor, living room with kitchen area, two bedrooms, bathroom with toilet, and a balcony attached to the larger bedroom. The aspect is east - southeast. The property also includes an adjacent basement.
The building is constructed with brick, the common areas are well maintained, and the flooring is laminate and terracotta. The property is in very good condition and is offered furnished and equipped.
The area is quiet and green, with restricted access to the yard and parking availability. Nearby there is a shopping centre and a playground. The location is among the preferred ones due to its proximity to nature and the sea.
The property is suitable for family living with a balance between convenience and tranquility in an urban environment.
With 20% down over 20 years the monthly mortgage payment is about 776 €, against an expected local rent of 1,187 €. The rent covers the whole payment (153%).
Source: Market statistics for 3-room apartments in Sveti Nikola
Derived from this specific property's data — not a generic checklist. Take them with you.
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Because: We have been tracking this listing for about 269 days.
Is there damp, is there enough daylight, and what is the noise like?
Because: The property is on the first floor.
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The exact address hasn't been published by the seller — the map shows the neighbourhood.
median 2,001 €/m² for comparable properties
Rent covers ~ 71% of the payment
~ 1,187 €/mo rent · you top up ~ 477 €/mo
median 2,001 €/m² for comparable properties
Rent covers ~ 64% of the payment
~ 1,187 €/mo rent · you top up ~ 676 €/mo
median 1,974 €/m² for comparable properties
Rent covers ~ 70% of the payment
~ 696 €/mo rent · you top up ~ 302 €/mo
median 2,404 €/m² for comparable properties
Rent covers ~ 72% of the payment
~ 1,187 €/mo rent · you top up ~ 470 €/mo
median 2,404 €/m² for comparable properties
Rent covers ~ 74% of the payment
~ 1,187 €/mo rent · you top up ~ 413 €/mo
median 1,967 €/m² for comparable properties
Rent covers ~ 79% of the payment
~ 559 €/mo rent · you top up ~ 151 €/mo
median 1,974 €/m² for comparable properties
Rent covers ~ 98% of the payment
~ 696 €/mo rent · you top up ~ 13 €/mo
median 1,974 €/m² for comparable properties
Rent covers ~ 98% of the payment
~ 696 €/mo rent · you top up ~ 14 €/mo