+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
Sale299,000 €3,051 €/m²
Expected rent1,001 € /mo
~54,000 € ABOVE MARKET
overpriced
against the median for 4-room apartments in Centyr (102 properties)
Area
98 m²
Floor
3 / 4
Construction
Brick
Year
1970
Yield analysis
Fair investment rating
Monthly payment1,327 €20% down payment · 20 yrs · 3%
Expected rent1,001 €at market conditions for the neighbourhood
The rent covers 75% of the payment — you top up about 326 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 25 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 54,000 € above the typical price (the median) for 4-room apartments in Centyr (102 properties) — 3,051 €/m² against 2,500 €/m².
Apartment with four separate rooms, located in Varna city, Center. The layout is functional with separate rooms, providing convenience for living. The building is brick, built in 1970, with new external insulation and a renovated roof, which improves energy efficiency. The property is on the 3rd of 4 floors and includes an attic room with electricity, water and a private terrace, as well as a basement. The location is close to Varna Municipality and the Sea Garden, offering easy access to urban infrastructure and green spaces. This property is suitable for families seeking comfortable city living with additional storage and outdoor spaces.
With 20% down over 20 years the monthly mortgage payment is about 1,327 €, against an expected local rent of 1,001 €. The rent covers 75% of it.
Pros and cons
AI summaryPros
- functional layout
- new external insulation
- attic room with terrace
- close to Sea Garden
Cons
- older building
- 3rd floor without elevator
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.
Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.
Layout
- room
- room
- room
- room
- attic room 13 sq m
Details
- Category
- Residential
- Rooms
- 4
- Bathrooms
- 1
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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