median 1,972 €/m² for comparable properties
Rent covers ~ 98% of the payment
~ 550 €/mo rent · you top up ~ 13 €/mo
~30,000 € BELOW MARKET
good value
against the median for 4-room apartments in Levski 2 (16 properties)
Fair investment rating
The rent covers 85% of the payment — you top up about 104 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 22 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 about 30,000 € below the typical price (the median) for 4-room apartments in Levski 2 (16 properties) — 1,580 €/m² against 1,881 €/m².
4-room apartment in the Levski 2 district, Varna, located on the 5th floor of 8 in a prefab panel building with an elevator.
The property has a functional layout with a spacious living room, three bedrooms, separate kitchen, and two glazed terraces. The bathroom and toilet are in separate rooms, and the property includes a storage room and a basement.
The building was constructed in 1970, prefab panel structure, heating is by electric appliances. The apartment is in good overall condition but needs a refresh renovation.
The location offers convenient access to public transport, educational institutions, supermarkets, and other services, with good infrastructure and available parking spaces in the area.
The property is suitable both as a family home and as an investment with potential for renovation and personalization.
With 20% down over 20 years the monthly mortgage payment is about 701 €, against an expected local rent of 597 €. The rent covers 85% of it.
Derived 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 16% below the average for comparable properties.
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 1970 — about 56 years old.
Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.
median 1,972 €/m² for comparable properties
Rent covers ~ 98% of the payment
~ 550 €/mo rent · you top up ~ 13 €/mo
median 1,901 €/m² for comparable properties
Rent covers ~ 148% of the payment
~ 597 €/mo rent · pays for itself in ~ 13 yrs
median 1,851 €/m² for comparable properties
Rent covers ~ 83% of the payment
~ 627 €/mo rent · you top up ~ 125 €/mo
median 1,851 €/m² for comparable properties
Rent covers ~ 80% of the payment
~ 627 €/mo rent · you top up ~ 156 €/mo
median 1,851 €/m² for comparable properties
Rent covers ~ 105% of the payment
~ 627 €/mo rent · pays for itself in ~ 18 yrs
median 1,975 €/m² for comparable properties
Rent covers ~ 88% of the payment
~ 701 €/mo rent · you top up ~ 93 €/mo
median 1,972 €/m² for comparable properties
Rent covers ~ 78% of the payment
~ 550 €/mo rent · you top up ~ 154 €/mo
median 1,972 €/m² for comparable properties
Rent covers ~ 80% of the payment
~ 550 €/mo rent · you top up ~ 138 €/mo