median 2,367 €/m² for comparable properties
Rent covers ~ 60% of the payment
~ 547 €/mo rent · you top up ~ 372 €/mo
~223,500 € BELOW MARKET
far below market
against the median for 4-room apartments in Grand Mol (14 properties)
A price this far below the market usually has a reason the listing does not mention — encumbrances or an error in the ad.
Low investment rating
The rent covers 46% of the payment — you top up about 651 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 41 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 223,500 € below the typical price (the median) for 4-room apartments in Grand Mol (14 properties) — 1,139 €/m² against 2,083 €/m². A price this far below the market usually has a reason the listing does not mention — encumbrances or an error in the ad.
Maisonette with an area of 237 sq m, located in a new building in the Grand Mall, Varna area. The property is on the 7th and 8th floors of a total of 8.
The layout includes 5 separate rooms, each with its own bathroom and equipped kitchen, as well as separate terraces for each room. On the second level there is a large rooftop panoramic terrace, which is part of the apartment.
The building is brick, built in 2024, with an elevator that goes directly to the apartment. Two parking spaces are provided and access control is in place.
The location is close to a shopping center and urban infrastructure, providing convenience for daily needs and transport.
The property is suitable for people looking for a spacious residential property with investment potential or comfortable living in the central part of Varna.
With 20% down over 20 years the monthly mortgage payment is about 1,198 €, against an expected local rent of 547 €. The rent covers 46% of it.
Source: Market statistics for 4-room apartments in Grand Mol
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
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 45% 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 2,367 €/m² for comparable properties
Rent covers ~ 60% of the payment
~ 547 €/mo rent · you top up ~ 372 €/mo
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Rent covers ~ 115% of the payment
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