At market level
median 1,747 €/m² for comparable properties
105,000 € 1,615 €/m²
Rent covers ~ 109% of the payment
~ 509 €/mo rent · pays for itself in ~ 17 yrs
Sale215,000 €1,869 €/m²
Expected rent749 € /mo
~33,000 € ABOVE MARKET
above market
against the median for 3-room apartments in Vinica (448 properties)
Area
115 m²
Floor
3 / 5
Construction
Brick
Year
2005
Yield analysis
Fair investment rating
Monthly payment954 €20% down payment · 20 yrs · 3%
Expected rent749 €at market conditions for the neighbourhood
The rent covers 79% of the payment — you top up about 205 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 24 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 33,000 € above the typical price (the median) for 3-room apartments in Vinica (448 properties) — 1,869 €/m² against 1,582 €/m².
Three-room apartment in Varna city, Vinitsa district, located in a gated complex with access control and video surveillance.
The layout includes a spacious living area with kitchenette and two bedrooms, two terraces, a bathroom and a toilet, providing convenient internal functionality.
The property was built in 2005 with brick construction, on the third floor of a five-storey building with an elevator and has been renovated. The complex offers additional amenities such as a swimming pool, playground and parking.
The location is in a quiet area with good infrastructure and easy access to the sea and urban conveniences.
The property is suitable for families seeking security and comfort in a gated environment with the option to use a garage and additional services.
With 20% down over 20 years the monthly mortgage payment is about 954 €, against an expected local rent of 749 €. The rent covers 79% of it.
Pros and cons
AI summaryPros
- gated complex
- sea view
- elevator
- parking
Cons
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
Layout
- living area /35 sq m/
- bedroom
- bedroom
Amenities
- Elevator
- With Parking
- Video Surveillance
- Access Control
- Renovated
- Gated Community
Details
- Category
- Residential
- Rooms
- 3
- Bathrooms
- 1
- Furnishing
- Yes
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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