+32% above market
median 1,459 €/m² for comparable properties
149,900 € 1,611 €/m²
Rent covers ~ 75% of the payment
~ 500 €/mo rent · you top up ~ 165 €/mo
Sale240,000 €2,181 €/m²
Expected rent500 € /mo
~79,500 € ABOVE MARKET
overpriced
against the median for 3-room apartments in Vladislav Varnenchik 1 (297 properties)
Area
110 m²
Floor
3 / 4
Construction
Brick
Year
2011
Yield analysis
Low investment rating
Monthly payment1,065 €20% down payment · 20 yrs · 3%
Expected rent500 €at market conditions for the neighbourhood
The rent covers 47% of the payment — you top up about 565 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 40 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 79,500 € above the typical price (the median) for 3-room apartments in Vladislav Varnenchik 1 (297 properties) — 2,181 €/m² against 1,459 €/m².
This is a three-room apartment in Varna city, Vladislav Varnenchik 1 district. It has 110 sq m floor area on the third floor of four in a brick building from 2011.
The layout includes an entrance hall, spacious living room with kitchenette and access to a terrace, two bedrooms, bathroom with toilet and laundry room.
The building has an elevator and access control, the apartment is renovated and includes a basement storage room.
The area is developed with proximity to schools, kindergartens, supermarkets and public transport stops.
The property is suitable for family use with a functional layout and everyday conveniences.
With 20% down over 20 years the monthly mortgage payment is about 1,065 €, against an expected local rent of 500 €. The rent covers 47% of it.
Source: Market statistics for 3-room apartments in Vladislav Varnenchik 1
Pros and cons
AI summaryPros
- functional layout
- renovated
- elevator
- close to school
Cons
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
Layout
- living room
- bedroom
- bedroom
Amenities
- Elevator
- Access Control
- Renovated
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.
Similar properties nearby
At market level
median 1,499 €/m² for comparable properties
86,000 € 1,653 €/m²
Rent covers ~ 107% of the payment
~ 410 €/mo rent · pays for itself in ~ 17 yrs
+55% above market
median 1,459 €/m² for comparable properties
144,900 € 2,264 €/m²
Rent covers ~ 78% of the payment
~ 500 €/mo rent · you top up ~ 143 €/mo
At market level
median 1,499 €/m² for comparable properties
86,016 € 1,483 €/m²
Rent covers ~ 107% of the payment
~ 410 €/mo rent · pays for itself in ~ 17 yrs
At market level
median 1,459 €/m² for comparable properties
129,785 € 1,366 €/m²
Rent covers ~ 87% of the payment
~ 500 €/mo rent · you top up ~ 76 €/mo
−13% below market
median 1,499 €/m² for comparable properties
78,000 € 1,300 €/m²
Rent covers ~ 118% of the payment
~ 410 €/mo rent · pays for itself in ~ 16 yrs
−13% below market
median 1,499 €/m² for comparable properties
88,628 € 1,303 €/m²
Rent covers ~ 104% of the payment
~ 410 €/mo rent · pays for itself in ~ 18 yrs
+37% above market
median 1,459 €/m² for comparable properties
130,000 € 2,000 €/m²
Rent covers ~ 87% of the payment
~ 500 €/mo rent · you top up ~ 77 €/mo