+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
Sale169,950 €1,788 €/m²
Expected rent1,187 € /mo
Area
95 m²
Floor
1 / 3
Construction
Brick
Year
2026
Yield analysis
Strong investment rating
Monthly payment754 €20% down payment · 20 yrs · 3%
Expected rent1,187 €at market conditions for the neighbourhood
The rent covers 157% 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.
Property analysis
This apartment is priced 28% below the typical price (the median) for comparable properties — 1,440 €/m² against 2,001 €/m².
Three-room apartment in Varna city, Sveti Nikola district, located on the first floor of a new brick building from 2026. The property includes a corridor, spacious living room with kitchenette and terrace, two bedrooms, bathroom with toilet, and private yard. The apartment is in good condition, with the option for turnkey completion and an interior design project. The building is boutique, with eight apartments, an elevator, and access control. The location offers quick access to schools, kindergartens, bus stops, and commercial outlets. Suitable for families seeking convenience and tranquility with a partial sea view.
With 20% down over 20 years the monthly mortgage payment is about 754 €, against an expected local rent of 1,187 €. The rent covers the whole payment (157%).
Source: Market statistics for 3-room apartments in Sveti Nikola
Pros and cons
AI summaryPros
- private yard
- southeast aspect
- new-build
- elevator
Cons
- ground floor
Questions for the viewing
Only on imotesaDerived from this specific property's data — not a generic checklist. Take them with you.
Why is this priced below comparable properties? Is there anything that could affect the sale?
Because: The price per m² is about 28% below the average for comparable properties.
Has Act 16 been issued, and what guarantees cover the common parts?
Because: The building dates from 2026.
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
- corridor
- living room
- bedroom
- bedroom
- bathroom
Amenities
- Elevator
- Access Control
- Renovated
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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