median 1,499 €/m² for comparable properties
Rent covers ~ 107% of the payment
~ 410 €/mo rent · pays for itself in ~ 17 yrs
~53,000 € ABOVE MARKET
overpriced
against the median for 3-room apartments in Vladislav Varnenchik 1 (298 properties)
Low investment rating
The rent covers 70% of the payment — you top up about 209 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 27 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 53,000 € above the typical price (the median) for 3-room apartments in Vladislav Varnenchik 1 (298 properties) — 2,190 €/m² against 1,463 €/m².
Three-room apartment with an area of 73 sq m, located in the city of Varna, district Vladislav Varnenchik. The property is situated on the 5th floor of 9 in a brick building with an elevator.
The layout includes an entrance hall, kitchen with living area, two bedrooms, bathroom with toilet, and terrace, with rooms having regular shapes and providing sufficient natural light.
The building is brick, with an elevator and offers standard amenities, and the apartment is finished to a “turnkey” standard, allowing furnishing without additional renovations.
The location is convenient and well-connected, close to Kaufland, a school, post office, and public transport stops, providing easy access to all parts of the city.
The property is suitable both for personal use and investment, thanks to its functional layout and convenient location.
With 20% down over 20 years the monthly mortgage payment is about 709 €, against an expected local rent of 500 €. The rent covers 70% of it.
Source: Market statistics for 3-room apartments in Vladislav Varnenchik 1
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
median 1,499 €/m² for comparable properties
Rent covers ~ 107% of the payment
~ 410 €/mo rent · pays for itself in ~ 17 yrs
median 1,463 €/m² for comparable properties
Rent covers ~ 78% of the payment
~ 500 €/mo rent · you top up ~ 143 €/mo
median 1,499 €/m² for comparable properties
Rent covers ~ 107% of the payment
~ 410 €/mo rent · pays for itself in ~ 17 yrs
median 1,463 €/m² for comparable properties
Rent covers ~ 87% of the payment
~ 500 €/mo rent · you top up ~ 76 €/mo
median 1,499 €/m² for comparable properties
Rent covers ~ 118% of the payment
~ 410 €/mo rent · pays for itself in ~ 16 yrs
median 1,499 €/m² for comparable properties
Rent covers ~ 104% of the payment
~ 410 €/mo rent · pays for itself in ~ 18 yrs
median 1,463 €/m² for comparable properties
Rent covers ~ 87% of the payment
~ 500 €/mo rent · you top up ~ 77 €/mo
median 1,499 €/m² for comparable properties
Rent covers ~ 97% of the payment
~ 410 €/mo rent · you top up ~ 11 €/mo