+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
Sale149,500 €1,698 €/m²
Expected rent677 € /mo
~45,500 € BELOW MARKET
good value
against the median for 3-room apartments in Troshevo (131 properties)
Area
88 m²
Floor
1 / 9
Construction
Brick
Year
1980
Heating
District Heating
Yield analysis
Fair investment rating
Monthly payment663 €20% down payment · 20 yrs · 3%
Expected rent677 €at market conditions for the neighbourhood
The rent covers 102% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 18 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 about 45,500 € below the typical price (the median) for 3-room apartments in Troshevo (131 properties) — 1,698 €/m² against 2,215 €/m².
Three-room apartment in the Troshevo district, Varna, located on the first floor of a 9-storey brick building.
The property has a total area of 88 sq m and includes a living area, two bedrooms, terrace, bathroom, toilet, walk-in closet and laundry room.
The building was constructed in 1980, with brick construction and has an elevator. The apartment is in need of full renovation.
The location is close to the Delta Planet Mall shopping centre and offers urban amenities.
Suitable for those seeking a spacious property with south aspect and the opportunity to renovate according to personal preferences.
With 20% down over 20 years the monthly mortgage payment is about 663 €, against an expected local rent of 677 €. The rent covers the whole payment (102%).
Pros and cons
AI summaryPros
- south aspect
- elevator
- brick construction
- spacious layout
Cons
- first floor
- in need of full renovation
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 23% below the average for comparable properties.
Have the risers been replaced, and when was the roof last repaired?
Because: The building dates from 1980 — about 46 years old.
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 area
- bedroom
- bedroom
- terrace
- bathroom
- toilet
- laundry room
Amenities
- Elevator
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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