median 1,568 €/m² for comparable properties
Rent covers ~ 128% of the payment
~ 710 €/mo rent · pays for itself in ~ 15 yrs
~43,500 € BELOW MARKET
good value
against the median for 3-room apartments in Vinica (453 properties)
Fair investment rating
The rent covers 84% of the payment — you top up about 140 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 22 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 43,500 € below the typical price (the median) for 3-room apartments in Vinica (453 properties) — 1,276 €/m² against 1,568 €/m².
3-room apartment in Varna city, Vinitsa district, located on the third floor of a five-storey building. The total area is 150 sq m, providing enough space for comfortable living.
The layout includes functional rooms with the possibility to separate living and bedrooms, while the presence of a terrace with sea view adds extra value.
The property was built in 2006 with brick materials, the building has an elevator, and the apartment is equipped with internet, video surveillance, and access control.
The location is in a gated complex with parking, which provides additional security and convenience, and the area is quiet with good infrastructure.
The property is suitable for families looking for a spacious and secure home with sea views and the amenities of a gated complex.
With 20% down over 20 years the monthly mortgage payment is about 850 €, against an expected local rent of 710 €. The rent covers 84% of it.
The asking price has fallen by 18,500 € (8.8%) since it was first listed.
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.
Why is this priced below comparable properties? Is there anything that could affect the sale?
Because: The price per m² is about 19% below the average for comparable properties.
Is there still room to negotiate?
Because: The price has been cut once, by about 9%.
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 1,568 €/m² for comparable properties
Rent covers ~ 128% of the payment
~ 710 €/mo rent · pays for itself in ~ 15 yrs
median 1,568 €/m² for comparable properties
Rent covers ~ 65% of the payment
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median 1,568 €/m² for comparable properties
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median 1,735 €/m² for comparable properties
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median 1,735 €/m² for comparable properties
Rent covers ~ 88% of the payment
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median 1,735 €/m² for comparable properties
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median 1,735 €/m² for comparable properties
Rent covers ~ 119% of the payment
~ 525 €/mo rent · pays for itself in ~ 16 yrs