median 1,590 €/m² for comparable properties
Rent covers ~ 109% of the payment
~ 501 €/mo rent · pays for itself in ~ 17 yrs
AT MARKET LEVEL
fairly priced
against the median for 4-room apartments in Kaisieva Gradina (25 properties)
Fair investment rating
The rent covers 82% 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 at the typical price (the median) for 4-room apartments in Kaisieva Gradina (25 properties) — 1,673 €/m² against 1,647 €/m².
4-room apartment in Varna city, Kaisieva Gradina district, near Alati.
The layout includes a living room, three bedrooms and separate sanitary facilities, providing functional use of the space.
The building is a prefab panel from 1980, with an elevator and PVC windows, but the apartment needs renovation. Possibility to include district heating.
The location is in a well-developed residential area with convenient access to urban infrastructure and green spaces.
Suitable for families looking for a spacious property with potential for refurbishment and comfortable living.
With 20% down over 20 years the monthly mortgage payment is about 638 €, against an expected local rent of 523 €. The rent covers 82% of it.
This property is advertised in 2 offers, all from the same agency. The gap between the cheapest and the dearest is 100 €. It has been listed for 30 days. The asking price has fallen by 4,000 € (2.7%) since it was first listed.
Source: Market statistics for 4-room apartments in Kaisieva Gradina
Derived from this specific property's data — not a generic checklist. Take them with you.
Who am I negotiating with, and who is authorised to agree a price?
Because: The property appears in 2 listings at the same price.
What is the scope of the work, and are there hidden problems with the wiring or plumbing?
Because: The listing states that the property needs renovation.
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.
Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.
median 1,590 €/m² for comparable properties
Rent covers ~ 109% of the payment
~ 501 €/mo rent · pays for itself in ~ 17 yrs
median 1,664 €/m² for comparable properties
Rent covers ~ 208% of the payment
~ 523 €/mo rent · pays for itself in ~ 9 yrs
median 1,590 €/m² for comparable properties
Rent covers ~ 113% of the payment
~ 501 €/mo rent · pays for itself in ~ 17 yrs
median 1,590 €/m² for comparable properties
Rent covers ~ 82% of the payment
~ 501 €/mo rent · you top up ~ 111 €/mo
median 1,495 €/m² for comparable properties
Rent covers ~ 117% of the payment
~ 587 €/mo rent · pays for itself in ~ 16 yrs
median 1,647 €/m² for comparable properties
Rent covers ~ 69% of the payment
~ 523 €/mo rent · you top up ~ 238 €/mo
median 1,495 €/m² for comparable properties
Rent covers ~ 89% of the payment
~ 587 €/mo rent · you top up ~ 76 €/mo
median 1,495 €/m² for comparable properties
Rent covers ~ 76% of the payment
~ 587 €/mo rent · you top up ~ 182 €/mo