+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
Sale179,000 €2,011 €/m²
Expected rent1,187 € /mo
AT MARKET LEVEL
fairly priced
against the median for 3-room apartments in Sveti Nikola (32 properties)
Area
89 m²
Floor
0 / 4
Construction
Brick
Year
2027
Yield analysis
Good investment rating
Monthly payment794 €20% down payment · 20 yrs · 3%
Expected rent1,187 €at market conditions for the neighbourhood
The rent covers 149% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 13 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 at the typical price (the median) for 3-room apartments in Sveti Nikola (32 properties) — 2,011 €/m² against 2,001 €/m².
Three-room apartment in Varna city, Sveti Nikola district.
The layout includes an entrance hall, spacious living room with kitchen, two bedrooms, bathroom with toilet, storage room, and large terrace with sea view. The apartment has a south-west aspect.
The building is new brick construction from 2027, with elevator and a basement storage room belonging to the property. The property is sold under BDS standards and is located on the ground floor of four.
The Sveti Nikola area offers a quiet residential environment with easy access to Varna city centre and the seaside. Parking space purchase option available.
Suitable for living with a focus on convenience and proximity to the sea, combining functionality and comfort.
With 20% down over 20 years the monthly mortgage payment is about 794 €, against an expected local rent of 1,187 €. The rent covers the whole payment (149%).
Source: Market statistics for 3-room apartments in Sveti Nikola
Pros and cons
AI summaryPros
- functional layout
- south-west aspect
- new brick building
- sea view
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.
Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.
Layout
- entrance hall
- living room
- kitchen
- bedroom
- bedroom
- bathroom
Amenities
- Elevator
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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