+18% above market
median 1,582 €/m² for comparable properties
215,000 € 1,869 €/m²
Rent covers ~ 79% of the payment
~ 749 €/mo rent · you top up ~ 205 €/mo
Sale209,900 €1,399 €/m²
Expected rent749 € /mo
~27,500 € BELOW MARKET
good value
against the median for 3-room apartments in Vinica (448 properties)
Area
150 m²
Floor
3 / 5
Construction
Brick
Year
2006
Yield analysis
Fair investment rating
Monthly payment931 €20% down payment · 20 yrs · 3%
Expected rent749 €at market conditions for the neighbourhood
The rent covers 80% of the payment — you top up about 182 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 23 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 27,500 € below the typical price (the median) for 3-room apartments in Vinica (448 properties) — 1,399 €/m² against 1,582 €/m².
Three-room apartment in the Vinitsa district, city of Varna, located on the 3rd floor of 5 in a brick building from 2006 with an elevator.
The layout includes a spacious entrance hall, bright living room with dining area and kitchen section, two bedrooms, bathroom, toilet, and a terrace with sea view.
The building is of quality brick construction, the apartment is renovated and ready to move in, with all necessary amenities and access control available.
The location is quiet and preferred, with easy access to the sea and city infrastructure.
The property is suitable both for personal use and as an investment, with the option to purchase a garage with a separate electricity meter.
With 20% down over 20 years the monthly mortgage payment is about 931 €, against an expected local rent of 749 €. The rent covers 80% of it.
Pros and cons
AI summaryPros
- sea view
- brick construction
- elevator
- ready to move in
Cons
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
Layout
- entrance hall
- living room
- dining area
- kitchen
- bedroom
- bedroom
- bathroom
- toilet
- terrace
Amenities
- Elevator
- With Parking
- Access Control
- Renovated
Details
- Category
- Residential
- Rooms
- 3
- Bathrooms
- 2
- Furnishing
- Yes
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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