Panoramic four-room apartment with garage in Briz, Varna

This apartment is priced about 203,000 € above the typical price (the median) for 4-room apartments in Briz (113 properties) — 3,513 €/m² against 2,415 €/m².

The offered apartment has an area of 185 sq m and is located on the 5th floor of a brick building in the Briz district of Varna. The property has been converted from a 4-room to a 3-room apartment, allowing for a spacious living room and dining area of over 90 sq m. The apartment includes two bedrooms, two bathrooms, large panoramic terraces with views of Varna Bay and the boulevard towards Evksinograd and Zlatni Pyasatsi. The property includes a basement of about 12 sq m and a separate garage of approximately 19 sq m at street level, as well as the possibility to park a second car in front of the garage. The apartment is sold with existing furniture and equipment. The location is convenient, close to Pochivka stop, providing easy access to urban infrastructure. The property is suitable both for personal use and for rental with income potential.

With 20% down over 20 years the monthly mortgage payment is about 2,884 €, against an expected local rent of 1,423 €. The rent covers 49% of it.

Source: Market statistics for 4-room apartments in Briz