−32% below market
median 2,855 €/m² for comparable properties
105,000 € 1,944 €/m²
Rent covers ~ 96% of the payment
~ 448 €/mo rent · you top up ~ 18 €/mo
Sale190,000 €2,111 €/m²
Expected rent508 € /mo
~54,000 € BELOW MARKET
good value
against the median for apartments in Avtogara (38 properties)
Area
90 m²
Construction
Panel
Yield analysis
Low investment rating
Monthly payment843 €20% down payment · 20 yrs · 3%
Expected rent508 €at market conditions for the neighbourhood
The rent covers 60% of the payment — you top up about 335 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 31 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 54,000 € below the typical price (the median) for apartments in Avtogara (38 properties) — 2,111 €/m² against 2,713 €/m².
Four-room apartment with an area of 90 sq m is located in the city of Varna, Avtogara district, close to Grand Mall Varna.
The property features a spacious living room with terrace, separate kitchen with dining area, enclosed terrace, two bedrooms, walk-in closet, bathroom with toilet, second toilet, and laundry room.
The building is prefab panel with external thermal insulation, which reduces heating costs. The apartment is on the 7th floor of 8 in a well-maintained building.
The area offers good infrastructure with quick access to the city centre, shopping facilities, schools, and public transport.
The property is suitable both as a family home and as an investment due to its convenient location and functional layout.
With 20% down over 20 years the monthly mortgage payment is about 843 €, against an expected local rent of 508 €. The rent covers 60% of it.
Pros and cons
AI summaryPros
- functional layout
- external thermal insulation
- close to shopping centre
- good infrastructure
Cons
- prefab panel construction
Questions for the viewing
Only on imotesaDerived from this specific property's data — not a generic checklist. Take them with you.
Why is this priced below comparable properties? Is there anything that could affect the sale?
Because: The price per m² is about 22% below the average for comparable properties.
Has the block been insulated under the renovation programme, and is there paperwork for it?
Because: Prefabricated panel construction.
Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.
Layout
- living room
- kitchen
- bedroom
- bedroom
- walk-in closet
- laundry room
Details
- Category
- Residential
- Rooms
- 4
- Bathrooms
- 2
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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