median 1,460 €/m² for comparable properties
Rent covers ~ 102% of the payment
~ 498 €/mo rent · pays for itself in ~ 18 yrs
~10,500 € ABOVE MARKET
above market
against the median for 3-room apartments in Vladislav Varnenchik 1 (299 properties)
Good investment rating
The rent covers 115% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 16 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 10,500 € above the typical price (the median) for 3-room apartments in Vladislav Varnenchik 1 (299 properties) — 1,631 €/m² against 1,460 €/m².
The offered property is a three-room apartment with an area of 60 sq m, located in the Vladislav Varnenchik district, Varna city. The layout includes a kitchen with a terrace, living room with a terrace, bedroom, bathroom with toilet, and corridor, with all rooms separate. The building is prefab panel with an elevator, and the apartment is on the top, 9th floor. The property features PVC windows, air conditioning in the living room and bedroom, as well as a basement storage room. The location is convenient, close to kindergartens, schools, stops and commercial outlets, and there is a large parking lot in front of the building. The apartment is maintained and offers a functional layout with good natural lighting. This makes it suitable both for living and for investment.
With 20% down over 20 years the monthly mortgage payment is about 434 €, against an expected local rent of 498 €. The rent covers the whole payment (115%).
This property is advertised in 2 offers, all from the same agency. All offers are at the same price. It has been listed for 151 days.
Source: Market statistics for 3-room apartments in Vladislav Varnenchik 1
Derived from this specific property's data — not a generic checklist. Take them with you.
Who am I negotiating with, and who is authorised to agree a price?
Because: The property appears in 2 listings at the same price.
Has the block been insulated under the renovation programme, and is there paperwork for it?
Because: Prefabricated panel construction.
What condition is the roof in, and does it overheat in summer?
Because: The property is on the top floor.
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 1,460 €/m² for comparable properties
Rent covers ~ 102% of the payment
~ 498 €/mo rent · pays for itself in ~ 18 yrs
median 1,460 €/m² for comparable properties
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median 1,499 €/m² for comparable properties
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median 1,499 €/m² for comparable properties
Rent covers ~ 87% of the payment
~ 411 €/mo rent · you top up ~ 59 €/mo
median 1,499 €/m² for comparable properties
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median 1,460 €/m² for comparable properties
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median 1,460 €/m² for comparable properties
Rent covers ~ 74% of the payment
~ 498 €/mo rent · you top up ~ 179 €/mo
median 1,499 €/m² for comparable properties
Rent covers ~ 89% of the payment
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