median 2,344 €/m² for comparable properties
Rent covers ~ 112% of the payment
~ 522 €/mo rent · pays for itself in ~ 17 yrs
~14,500 € BELOW MARKET
good value
against the median for 4-room apartments in Grand Mol (14 properties)
Fair investment rating
The rent covers 83% of the payment — you top up about 115 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 23 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 14,500 € below the typical price (the median) for 4-room apartments in Grand Mol (14 properties) — 1,898 €/m² against 2,083 €/m².
The offered property is a four-room apartment in Varna city, Grand Mall district. It features four separate rooms and a total area of 79 sq m, located on the 4th floor of 8 with an elevator. The apartment is prefab panel construction from 1980, with replaced PVC windows and includes a basement. The location is convenient, close to a shopping center, schools, kindergartens, and public transport stops. The apartment is suitable for family living, offering a balanced combination of functionality and amenities.
With 20% down over 20 years the monthly mortgage payment is about 665 €, against an expected local rent of 550 €. The rent covers 83% of it.
Source: Market statistics for 4-room apartments in Grand Mol
Derived from this specific property's data — not a generic checklist. Take them with you.
Has the block been insulated under the renovation programme, and is there paperwork for it?
Because: Prefabricated panel construction.
Have the risers been replaced, and when was the roof last repaired?
Because: The building dates from 1980 — about 46 years old.
Is there a lift in the building, and what condition is it in?
Because: The property is on floor 4 and the listing does not mention a lift.
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 2,344 €/m² for comparable properties
Rent covers ~ 112% of the payment
~ 522 €/mo rent · pays for itself in ~ 17 yrs
median 2,344 €/m² for comparable properties
Rent covers ~ 98% of the payment
~ 522 €/mo rent · you top up ~ 10 €/mo
median 2,381 €/m² for comparable properties
Rent covers ~ 63% of the payment
~ 550 €/mo rent · you top up ~ 328 €/mo
median 2,344 €/m² for comparable properties
Rent covers ~ 85% of the payment
~ 522 €/mo rent · you top up ~ 95 €/mo
median 2,083 €/m² for comparable properties
Rent covers ~ 47% of the payment
~ 550 €/mo rent · you top up ~ 626 €/mo
median 2,381 €/m² for comparable properties
Rent covers ~ 41% of the payment
~ 550 €/mo rent · you top up ~ 781 €/mo
median 2,381 €/m² for comparable properties
Rent covers ~ 41% of the payment
~ 550 €/mo rent · you top up ~ 781 €/mo
median 2,381 €/m² for comparable properties
Rent covers ~ 41% of the payment
~ 550 €/mo rent · you top up ~ 781 €/mo