+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
Sale230,000 €2,643 €/m²
Expected rent1,001 € /mo
AT MARKET LEVEL
fairly priced
against the median for 4-room apartments in Centyr (102 properties)
Area
87 m²
Floor
1 / 5
Construction
Brick
Year
1970
Yield analysis
Fair investment rating
Monthly payment1,020 €20% down payment · 20 yrs · 3%
Expected rent1,001 €at market conditions for the neighbourhood
The rent covers 98% of the payment — you top up about 19 €/mo for 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 at the typical price (the median) for 4-room apartments in Centyr (102 properties) — 2,643 €/m² against 2,500 €/m².
The apartment is located in the city of Varna, in the Center area. The property has a floor area of 87 sq m and is situated on the first high floor of a brick building from 1970.
The layout includes a corridor, two bedrooms, a living room with access to a terrace, a kitchen with dining area, and a combined bathroom. The property also includes an attic room and a basement with its own bathroom.
The building is brick, with a landscaped yard, and the apartment has east, south, and west aspects. The property is in a condition that requires renovation.
The location is close to key institutions, schools, health centers, and public transport, providing convenient access to urban infrastructure.
The property is suitable for people looking for accommodation in the central part of the city with the possibility to renovate and adapt according to personal needs.
With 20% down over 20 years the monthly mortgage payment is about 1,020 €, against an expected local rent of 1,001 €. The rent covers 98% of it.
Pros and cons
AI summaryPros
- functional layout
- terrace
- landscaped yard
- central location
Cons
- needs renovation
- ground floor
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 1970 — about 56 years old.
Is there damp, is there enough daylight, and what is the noise like?
Because: The property is on the first floor.
Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.
Layout
- corridor
- bedroom
- bedroom
- living room
- kitchen
- dining area
- bathroom
Exposure
AI summarySSouth
Maximum sunlight throughout the day
EEast
Morning sun, cooler afternoons
WWest
Afternoon and evening sun
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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