+19% above market
median 2,000 €/m² for comparable properties
155,000 € 2,384 €/m²
Rent covers ~ 80% of the payment
~ 549 €/mo rent · you top up ~ 139 €/mo
Sale229,000 €2,336 €/m²
Expected rent817 € /mo
~45,500 € ABOVE MARKET
overpriced
against the median for 4-room apartments in Levski 1 (44 properties)
Area
98 m²
Floor
11 / 14
Construction
EPC
Year
1980
Yield analysis
Fair investment rating
Monthly payment1,016 €20% down payment · 20 yrs · 3%
Expected rent817 €at market conditions for the neighbourhood
The rent covers 80% of the payment — you top up about 199 €/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.
Property analysis
This apartment is priced about 45,500 € above the typical price (the median) for 4-room apartments in Levski 1 (44 properties) — 2,336 €/m² against 1,872 €/m².
The apartment is located in Levski district, Varna, on the 11th floor of a building with an elevator. The layout is walk-through with four rooms, two of which are bedrooms, and includes a balcony, separate toilet, and bathroom with toilet. The building was constructed in 1988 using EPK prefab technology and is mid-rise with a total of 16 floors. The property is furnished but needs refreshing, allowing adaptation according to personal preferences. Levski district offers amenities such as shops, educational institutions, and good transport connections to the centre of Varna. This property is suitable for families seeking a functional home with potential for personalization in an established urban area.
With 20% down over 20 years the monthly mortgage payment is about 1,016 €, against an expected local rent of 817 €. The rent covers 80% of it.
Pros and cons
AI summaryPros
- balcony
- elevator
- two bedrooms
- good location
Cons
- walk-through rooms
- northwest aspect
- needs refreshing
Questions for the viewing
Only on imotesaDerived from this specific property's data — not a generic checklist. Take them with you.
Have the risers been replaced, and when was the roof last repaired?
Because: The building dates from 1980 — about 46 years old.
Is there enough daylight, and does damp appear? What are the heating bills like?
Because: The advertised exposure faces north only.
Is there a lift in the building, and what condition is it in?
Because: The property is on floor 11 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.
Layout
- bedroom
- bedroom
- room
- room
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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