At market level
median 1,591 €/m² for comparable properties
103,500 € 1,669 €/m²
Rent covers ~ 109% of the payment
~ 501 €/mo rent · pays for itself in ~ 17 yrs
Sale162,500 €1,279 €/m²
Expected rent523 € /mo
~46,500 € BELOW MARKET
good value
against the median for 4-room apartments in Kaisieva Gradina (25 properties)
Area
127 m²
Floor
3 / 9
Construction
Brick
Year
2028
Yield analysis
Low investment rating
Monthly payment721 €20% down payment · 20 yrs · 3%
Expected rent523 €at market conditions for the neighbourhood
The rent covers 73% of the payment — you top up about 198 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 26 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 46,500 € below the typical price (the median) for 4-room apartments in Kaisieva Gradina (25 properties) — 1,279 €/m² against 1,647 €/m².
The offered property is a 4-room apartment with an area of 127 sq m, located in the Kaisieva Gradina district, Varna. The layout includes a spacious living area, three separate bedrooms, two bathrooms with toilets, and one balcony. The building is brick, built in 2028, with an elevator and a total of 9 floors, with the apartment situated on the third floor. The district is well connected, with convenient access to public transport, schools, and shops, providing a quiet urban environment. The property is suitable for family living with a functional layout and possibilities for individual furnishing.
With 20% down over 20 years the monthly mortgage payment is about 721 €, against an expected local rent of 523 €. The rent covers 73% of it.
Source: Market statistics for 4-room apartments in Kaisieva Gradina
Pros and cons
AI summaryPros
- functional layout
- new building
- elevator
- spacious living area
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.
Why is this priced below comparable properties? Is there anything that could affect the sale?
Because: The price per m² is about 22% below the average for comparable properties.
Has Act 16 been issued, and what guarantees cover the common parts?
Because: The building dates from 2028.
Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.
Layout
- bedroom
- bedroom
- bedroom
- living area
Details
- Category
- Residential
- Rooms
- 4
- Bathrooms
- 2
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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