median 2,500 €/m² for comparable properties
Rent covers ~ 55% of the payment
~ 1,001 €/mo rent · you top up ~ 827 €/mo
~39,000 € BELOW MARKET
good value
against the median for 4-room apartments in Centyr (102 properties)
Good investment rating
The rent covers 121% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 15 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.
This apartment is priced about 39,000 € below the typical price (the median) for 4-room apartments in Centyr (102 properties) — 2,065 €/m² against 2,500 €/m².
4-room apartment in Varna, located in the central part of the city. The property is on the 10th floor of a 15-storey building with an elevator and well-maintained common areas.
The layout includes an entrance hall, spacious living room, dining area with kitchenette, two bedrooms, bathroom, separate toilet and terrace, providing convenience and functionality for family use.
The building is EPK prefab construction, and the apartment is in need of renovation, allowing for individual redesign and updating according to the new owners' needs.
The location is close to administrative and commercial facilities, schools and kindergartens, with good urban infrastructure and easy access to public transport.
The property is suitable for buyers looking for a spacious residential property in a well-connected area with potential for personalization.
With 20% down over 20 years the monthly mortgage payment is about 825 €, against an expected local rent of 1,001 €. The rent covers the whole payment (121%).
Derived 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 17% below the average for comparable properties.
Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.
The exact address hasn't been published by the seller — the map shows the neighbourhood.
median 2,500 €/m² for comparable properties
Rent covers ~ 55% of the payment
~ 1,001 €/mo rent · you top up ~ 827 €/mo
median 2,700 €/m² for comparable properties
Rent covers ~ 55% of the payment
~ 608 €/mo rent · you top up ~ 488 €/mo
median 2,500 €/m² for comparable properties
Rent covers ~ 65% of the payment
~ 1,001 €/mo rent · you top up ~ 530 €/mo
median 2,808 €/m² for comparable properties
Rent covers ~ 88% of the payment
~ 881 €/mo rent · you top up ~ 122 €/mo
median 2,808 €/m² for comparable properties
Rent covers ~ 30% of the payment
~ 881 €/mo rent · you top up ~ 2,043 €/mo
median 2,700 €/m² for comparable properties
Rent covers ~ 88% of the payment
~ 608 €/mo rent · you top up ~ 80 €/mo
median 2,700 €/m² for comparable properties
Rent covers ~ 114% of the payment
~ 608 €/mo rent · pays for itself in ~ 16 yrs
median 2,808 €/m² for comparable properties
Rent covers ~ 81% of the payment
~ 881 €/mo rent · you top up ~ 206 €/mo