At market level
median 2,805 €/m² for comparable properties
250,000 € 2,941 €/m²
Rent covers ~ 52% of the payment
~ 580 €/mo rent · you top up ~ 529 €/mo
Sale288,500 €2,404 €/m²
Expected rent614 € /mo
AT MARKET LEVEL
fairly priced
against the median for 4-room apartments in Centralna Poshta (19 properties)
Area
120 m²
Floor
2 / 3
Construction
Wooden Frame
Year
1930
Yield analysis
Low investment rating
Monthly payment1,280 €20% down payment · 20 yrs · 3%
Expected rent614 €at market conditions for the neighbourhood
The rent covers 48% of the payment — you top up about 666 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 39 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 at the typical price (the median) for 4-room apartments in Centralna Poshta (19 properties) — 2,404 €/m² against 2,404 €/m².
The apartment is located in the city of Varna, near Central Post Office. It features four rooms and a total area of 120 sq m. The internal layout includes a corridor with a niche for a washing machine, a kitchen with dining area and two terraces, as well as three bedrooms, one of which has an en-suite bathroom. The property is on the second floor of a three-storey building with a timber structure, built in 1930. The property has undergone full renovation with new window frames and modern amenities such as air conditioners and Wi-Fi boilers. The location is central, within walking distance to the Sea Garden and main city amenities. This apartment is suitable both as a family home and as an investment for rental due to its functional layout and convenient location.
With 20% down over 20 years the monthly mortgage payment is about 1,280 €, against an expected local rent of 614 €. The rent covers 48% of it.
Source: Market statistics for 4-room apartments in Centralna Poshta
Pros and cons
AI summaryPros
- functional layout
- two terraces
- new window frames
- central location
Cons
- timber structure
- 2nd floor of 3
Questions for the viewing
Only on imotesaDerived from this specific property's data — not a generic checklist. Take them with you.
Have the risers been replaced, and when was the roof last repaired?
Because: The building dates from 1930 — about 96 years old.
Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.
Layout
- corridor
- kitchen
- bedroom
- bedroom
- bedroom
Details
- Category
- Residential
- Rooms
- 4
- 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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