+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
Sale185,900 €2,065 €/m²
Expected rent1,001 € /mo
~39,000 € BELOW MARKET
good value
against the median for 4-room apartments in Centyr (102 properties)
Area
90 m²
Construction
EPC
Yield analysis
Good investment rating
Monthly payment825 €20% down payment · 20 yrs · 3%
Expected rent1,001 €at market conditions for the neighbourhood
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.
Property analysis
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 city, Center district. The property is located on a high floor in a building with an elevator.
The layout includes an entrance hall, spacious living room, dining area with kitchenette, two bedrooms, bathroom, separate toilet and terrace. The area of about 90 sq m allows functional use and the possibility for remodeling.
The building is EPK prefab construction with maintained common areas and an available elevator. The apartment is in need of renovation, offering the opportunity for individual design according to the buyer's needs.
The location is close to administrative and commercial facilities, schools and transport connections, providing convenience for daily activities.
The property is suitable for families looking for a home with potential in the central part of the city and preferring to adapt it to their taste.
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%).
Pros and cons
AI summaryPros
- functional layout
- high floor
- elevator
- central location
Cons
- in need of renovation
Questions for the viewing
Only on imotesaDerived 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.
Layout
- living room
- dining area
- kitchenette
- bedroom
- bedroom
- bathroom
- toilet
Amenities
- Elevator
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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