At market level
median 1,786 €/m² for comparable properties
72,600 € 1,650 €/m²
Rent covers ~ 160% of the payment
~ 515 €/mo rent · pays for itself in ~ 12 yrs
Sale135,000 €1,824 €/m²
Expected rent602 € /mo
~15,000 € ABOVE MARKET
above market
against the median for 3-room apartments in Vyzrajdane 1 (112 properties)
Area
74 m²
Floor
8 / 8
Construction
Panel
Year
1980
Yield analysis
Fair investment rating
Monthly payment599 €20% down payment · 20 yrs · 3%
Expected rent602 €at market conditions for the neighbourhood
The rent covers 101% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 19 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 15,000 € above the typical price (the median) for 3-room apartments in Vyzrajdane 1 (112 properties) — 1,824 €/m² against 1,624 €/m².
The apartment is located in the city of Varna, Vazrazhdane 1 district, on the top eighth floor of a prefab panel block. The layout includes a corridor, L-shaped kitchen with access to a large terrace, living room with access to a terrace, bedroom with terrace, bathroom, toilet, storage room and basement. The building is prefab panel from 1980, with an elevator and basic utilities. The location is in an urbanised area with good infrastructure and access to city amenities. The property is suitable for a family looking for a functional layout and additional outdoor spaces such as terraces.
With 20% down over 20 years the monthly mortgage payment is about 599 €, against an expected local rent of 602 €. The rent covers the whole payment (101%).
Source: Market statistics for 3-room apartments in Vyzrajdane 1
Pros and cons
AI summaryPros
- functional layout
- terrace
- elevator
Cons
- top floor
- prefab panel construction
Questions for the viewing
Only on imotesaDerived from this specific property's data — not a generic checklist. Take them with you.
What feedback have previous viewers given?
Because: We have been tracking this listing for about 182 days.
Has the block been insulated under the renovation programme, and is there paperwork for it?
Because: Prefabricated panel construction.
Have the risers been replaced, and when was the roof last repaired?
Because: The building dates from 1980 — about 46 years old.
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.
Layout
- corridor
- kitchen
- living room
- bedroom
- bathroom
- toilet
Amenities
- Elevator
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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