−24% below market
median 2,461 €/m² for comparable properties
119,000 € 1,919 €/m²
Rent covers ~ 94% of the payment
~ 495 €/mo rent · you top up ~ 33 €/mo
Sale169,000 €1,043 €/m²
Expected rent520 € /mo
~95,000 € BELOW MARKET
good value
against the median for apartments in Izgrev (308 properties)
Area
162 m²
Floor
3 / 4
Construction
Brick
Year
2007
Yield analysis
Low investment rating
Monthly payment750 €20% down payment · 20 yrs · 3%
Expected rent520 €at market conditions for the neighbourhood
The rent covers 69% of the payment — you top up about 230 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 27 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 95,000 € below the typical price (the median) for apartments in Izgrev (308 properties) — 1,043 €/m² against 1,629 €/m².
4-room apartment in the Izgrev district, Varna, located on the third floor of a four-storey brick building from 2007.
The layout includes a corridor, two bathrooms with toilets, a storage room, an open-plan living room with kitchen and dining area, three bedrooms, and two terraces, one of which is a roof terrace with a view.
The building is brick construction with maintained common areas and essential utilities available. Each room is equipped with air conditioning.
The location is close to the Military Hospital and offers amenities such as schools, kindergartens, stops, and sports facilities in the area.
The property is suitable for family use due to its functional layout and nearby conveniences.
With 20% down over 20 years the monthly mortgage payment is about 750 €, against an expected local rent of 520 €. The rent covers 69% of it.
Pros and cons
AI summaryPros
- functional layout
- air conditioning in every room
- brick construction
- terrace with view
Cons
- west - north aspect
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 36% below the average for comparable properties.
Is there enough daylight during the day?
Because: The advertised exposure has no southern side.
Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.
Layout
- corridor
- toilet
- bathroom
- second bathroom
- bedroom
- bedroom
- office room
Exposure
AI summaryNNorth
Even light, cooler during summer
WWest
Afternoon and evening sun
Details
- Category
- Residential
- Rooms
- 4
- Bathrooms
- 2
- Furnishing
- Yes
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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