−36% below market
median 3,125 €/m² for comparable properties
319,990 € 1,999 €/m²
Rent covers ~ 55% of the payment
~ 782 €/mo rent · you top up ~ 638 €/mo
Sale420,000 €1,891 €/m²
Expected rent676 € /mo
AT MARKET LEVEL
fairly priced
against the median for apartments in Varna (71 properties)
Area
222 m²
Floor
2 / 7
Construction
Brick
Yield analysis
Low investment rating
Monthly payment1,863 €20% down payment · 20 yrs · 3%
Expected rent676 €at market conditions for the neighbourhood
The rent covers 36% of the payment — you top up about 1,187 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 52 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.
Price history
1 change since listing▼ 2.3% · 10,000 €
- 430,000 €
- 420,000 €▼ 10,000 € (2.3%)
Property analysis
This apartment is priced at the typical price (the median) for apartments in Varna (71 properties) — 1,891 €/m² against 1,832 €/m².
The apartment is located in Gretska mahala, Varna, on the second floor of a seven-storey building. The property has a total area of 222 sq m and includes three separate studios and a spacious apartment with two bedrooms and a living room. The layout is functional, with each studio having its own bathroom, and the apartment has access to a terrace. The construction is brick, and the property is fully renovated and furnished, ready for use. The building has controlled access, providing additional security. The location is in the ideal centre of Varna, close to administrative and business facilities, making the property suitable for various types of business or investment. The property is suitable for a clinic, office, aparthotel or training centre. The overall impression is of a practical and well-maintained property with potential for income and diverse use.
With 20% down over 20 years the monthly mortgage payment is about 1,863 €, against an expected local rent of 676 €. The rent covers 36% of it.
The asking price has fallen by 10,000 € (2.3%) since it was first listed.
Pros and cons
AI summaryPros
- functional layout
- controlled access
- renovated
- central location
Cons
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
Questions for the viewing
Only on imotesaDerived from this specific property's data — not a generic checklist. Take them with you.
Is there still room to negotiate?
Because: The price has been cut once, by about 2%.
Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.
Layout
- studio
- bedroom
- bedroom
- living room
- kitchen
Amenities
- Access Control
- Renovated
Details
- Category
- Residential
- Rooms
- 4
- Bathrooms
- 3
- Furnishing
- Yes
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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