+43% above market
median 2,500 €/m² for comparable properties
412,000 € 3,582 €/m²
Rent covers ~ 55% of the payment
~ 1,001 €/mo rent · you top up ~ 827 €/mo
Sale249,000 €2,263 €/m²
Expected rent655 € /mo
~84,000 € ABOVE MARKET
overpriced
against the median for 3-room apartments in Centyr (26 properties)
Area
110 m²
Floor
2 / 4
Construction
Brick
Year
2007
Yield analysis
Low investment rating
Monthly payment1,105 €20% down payment · 20 yrs · 3%
Expected rent655 €at market conditions for the neighbourhood
The rent covers 59% of the payment — you top up about 450 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 32 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 84,000 € above the typical price (the median) for 3-room apartments in Centyr (26 properties) — 2,263 €/m² against 1,500 €/m².
The apartment is located in Varna city, in the wider center, within walking distance of the Cathedral.
The layout includes two bedrooms with the possibility of a third, a large dining room, living room, separate kitchen, and two terraces.
The building is brick, the apartment is on the second floor of four and features underfloor heating and air conditioning. The property also includes an adjacent basement.
The location offers convenient access to urban infrastructure and proximity to main landmarks.
The property is suitable for people seeking a spacious city home with the possibility of adaptation according to their needs.
With 20% down over 20 years the monthly mortgage payment is about 1,105 €, against an expected local rent of 655 €. The rent covers 59% of it.
This property is advertised in 3 offers from 3 different sellers. All offers are at the same price. It has been listed for 26 days.
Pros and cons
AI summaryPros
- functional layout
- southeast aspect
- underfloor heating
- adjacent basement
Cons
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
Questions for the viewing
Only on imotesaDerived from this specific property's data — not a generic checklist. Take them with you.
Is there a tenant at the moment, and when does the lease end?
Because: The property is advertised for sale and for rent at the same time.
Who am I negotiating with, and who is authorised to agree a price?
Because: The property appears in 3 listings at the same price.
Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.
Layout
- bedroom
- bedroom
- dining room
- living room
- kitchen
Amenities
- Access Control
- Renovated
Details
- Category
- Residential
- Rooms
- 4
- Furnishing
- Yes
Location
Similar properties nearby
At market level
median 2,500 €/m² for comparable properties
260,000 € 2,549 €/m²
Rent covers ~ 87% of the payment
~ 1,001 €/mo rent · you top up ~ 153 €/mo
+58% above market
median 2,700 €/m² for comparable properties
247,000 € 4,258 €/m²
Rent covers ~ 55% of the payment
~ 608 €/mo rent · you top up ~ 488 €/mo
−36% below market
median 2,808 €/m² for comparable properties
220,000 € 1,788 €/m²
Rent covers ~ 90% of the payment
~ 881 €/mo rent · you top up ~ 95 €/mo
+10% above market
median 2,500 €/m² for comparable properties
345,000 € 2,760 €/m²
Rent covers ~ 65% of the payment
~ 1,001 €/mo rent · you top up ~ 530 €/mo
−9% below market
median 2,808 €/m² for comparable properties
226,000 € 2,568 €/m²
Rent covers ~ 88% of the payment
~ 881 €/mo rent · you top up ~ 122 €/mo
+57% above market
median 2,808 €/m² for comparable properties
659,000 € 4,393 €/m²
Rent covers ~ 30% of the payment
~ 881 €/mo rent · you top up ~ 2,043 €/mo
At market level
median 2,700 €/m² for comparable properties
155,000 € 2,870 €/m²
Rent covers ~ 88% of the payment
~ 608 €/mo rent · you top up ~ 80 €/mo