median 1,975 €/m² for comparable properties
Rent covers ~ 98% of the payment
~ 550 €/mo rent · you top up ~ 13 €/mo
~77,000 € ABOVE MARKET
overpriced
against the median for 3-room apartments in Levski 2 (198 properties)
Low investment rating
The rent covers 66% of the payment — you top up about 352 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 28 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 77,000 € above the typical price (the median) for 3-room apartments in Levski 2 (198 properties) — 2,937 €/m² against 1,975 €/m².
The apartment is located in the district of Levski 2, Varna city and is situated on the second floor of an eight-storey prefab panel building.
The property offers four rooms, including a kitchen with dining area, a living room with access to a terrace, and two bedrooms, one of which also has access to a terrace. The entrance hall includes a laundry room, and the bathroom and toilet are separate.
The building is prefab panel from 1980, with the apartment having undergone major renovation and featuring an elevator, access control, and parking in front of the block. The interior apartment has no end walls, which improves thermal comfort.
The location is convenient with proximity to schools, kindergartens, supermarkets and markets, as well as the University of Economics – Varna. There is free public parking in front of the building.
The property is suitable for year-round living or renting out, combining functional layout and amenities in a preferred area.
With 20% down over 20 years the monthly mortgage payment is about 1,043 €, against an expected local rent of 691 €. The rent covers 66% of it.
This property is advertised in 4 offers, all from the same agency. All offers are at the same price. It has been listed for 15 days.
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 4 listings at the same price.
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.
Maximum sunlight throughout the day
Even light, cooler during summer
The exact address hasn't been published by the seller — the map shows the neighbourhood.
median 1,975 €/m² for comparable properties
Rent covers ~ 98% of the payment
~ 550 €/mo rent · you top up ~ 13 €/mo
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median 1,975 €/m² for comparable properties
Rent covers ~ 80% of the payment
~ 550 €/mo rent · you top up ~ 138 €/mo