median 2,001 €/m² for comparable properties
Rent covers ~ 71% of the payment
~ 1,187 €/mo rent · you top up ~ 477 €/mo
~47,500 € ABOVE MARKET
overpriced
against the median for 3-room apartments in Sveti Nikola (32 properties)
Fair investment rating
The rent covers 111% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 17 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 47,500 € above the typical price (the median) for 3-room apartments in Sveti Nikola (32 properties) — 2,491 €/m² against 2,001 €/m².
Three-room apartment in a new boutique building in the Sveti Nikola district, Varna city.
The layout includes a living room with kitchen (27 sq m), two bedrooms (13 and 12 sq m), bathroom with toilet, and terrace with sea view.
The building is brick construction, built in 2027, with attention to quality and detail. The property is on the third floor of four.
The location offers quick access to Varna city centre, the seaside, and public transport, in a quiet and preferred part of the city.
Suitable both for own use and investment, combining convenience and functionality.
With 20% down over 20 years the monthly mortgage payment is about 1,072 €, against an expected local rent of 1,187 €. The rent covers the whole payment (111%).
Source: Market statistics for 3-room apartments in Sveti Nikola
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
Derived 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.
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
~ 560 €/mo rent · you top up ~ 150 €/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