+12% above market
median 2,215 €/m² for comparable properties
257,000 € 2,471 €/m²
Rent covers ~ 59% of the payment
~ 677 €/mo rent · you top up ~ 463 €/mo
Sale140,000 €1,666 €/m²
Expected rent677 € /mo
Area
84 m²
Floor
11 / 16
Construction
EPC
Year
1980
Yield analysis
Fair investment rating
Monthly payment621 €20% down payment · 20 yrs · 3%
Expected rent677 €at market conditions for the neighbourhood
The rent covers 109% 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.
Property analysis
This apartment is priced at the typical price (the median) for comparable properties — 2,058 €/m² against 2,215 €/m².
Three-room apartment in the city of Varna, district Troshevo, located on the 11th floor of 16 in an insulated building with two elevators.
The layout includes a L-shaped corridor, living area, bedroom, kitchen with dining area, bathroom, toilet and terrace, providing functional use of the space.
The building dates from 1980, with external insulation (EPC), and the apartment is in need of renovation, offering the opportunity for updating according to personal preferences.
The location is well connected, with quick access to main roads, close to Varna Mall, public transport stops, schools and playgrounds.
The property is suitable for families looking for a home with potential in a well-developed area with amenities and urban infrastructure.
With 20% down over 20 years the monthly mortgage payment is about 621 €, against an expected local rent of 677 €. The rent covers the whole payment (109%).
Pros and cons
AI summaryPros
- south aspect
- functional layout
- elevator
- close to public transport
Cons
- in need of renovation
Questions for the viewing
Only on imotesaDerived from this specific property's data — not a generic checklist. Take them with you.
What is the scope of the work, and are there hidden problems with the wiring or plumbing?
Because: The listing states that the property needs renovation.
Have the risers been replaced, and when was the roof last repaired?
Because: The building dates from 1980 — about 46 years old.
Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.
Layout
- corridor
- living area
- bedroom
- kitchen
- bathroom
- toilet
- terrace
- attic storage
Amenities
- Elevator
- Renovated
- Needs Renovation
Exposure
AI summarySSouth
Maximum sunlight throughout the day
Details
- Category
- Residential
- Rooms
- 3
- Bathrooms
- 2
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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