median 1,967 €/m² for comparable properties
Rent covers ~ 84% of the payment
~ 631 €/mo rent · you top up ~ 123 €/mo
~374,000 € ABOVE MARKET
overpriced
against the median for apartments in Gorna Traka (89 properties)
Low investment rating
The rent covers 19% of the payment — you top up about 2,697 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 99 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 374,000 € above the typical price (the median) for apartments in Gorna Traka (89 properties) — 3,906 €/m² against 1,958 €/m².
4-room apartment in the city of Varna, m-t Gorna Traka, located on the third floor of a four-storey building. The property is part of a gated complex with controlled access and additional amenities.
The layout includes an entrance hall, living room with dining area, three bedrooms, two bathrooms with WC, laundry room, walk-in closet and a spacious terrace with panoramic sea view. The rooms are bright and functional.
The building is new-build (2024) with brick walls, equipped with an elevator and underground parking. The complex offers internet, 24-hour security, spa center and gym.
The location is close to the beach (about 100 m), restaurants, cafes and supermarket, providing convenience for daily needs and leisure.
The property is suitable for family residence or investment, combining comfort and functionality in a well-maintained environment.
With 20% down over 20 years the monthly mortgage payment is about 3,328 €, against an expected local rent of 631 €. The rent covers 19% of it.
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
The exact address hasn't been published by the seller — the map shows the neighbourhood.
median 1,967 €/m² for comparable properties
Rent covers ~ 84% of the payment
~ 631 €/mo rent · you top up ~ 123 €/mo
median 1,967 €/m² for comparable properties
Rent covers ~ 113% of the payment
~ 558 €/mo rent · pays for itself in ~ 17 yrs
median 1,967 €/m² for comparable properties
Rent covers ~ 98% of the payment
~ 631 €/mo rent · you top up ~ 12 €/mo
median 1,967 €/m² for comparable properties
Rent covers ~ 50% of the payment
~ 631 €/mo rent · you top up ~ 629 €/mo
median 1,967 €/m² for comparable properties
Rent covers ~ 77% of the payment
~ 631 €/mo rent · you top up ~ 190 €/mo
median 1,967 €/m² for comparable properties
Rent covers ~ 81% of the payment
~ 558 €/mo rent · you top up ~ 130 €/mo
median 1,967 €/m² for comparable properties
Rent covers ~ 105% of the payment
~ 631 €/mo rent · pays for itself in ~ 18 yrs
median 1,862 €/m² for comparable properties
Rent covers ~ 95% of the payment
~ 906 €/mo rent · you top up ~ 43 €/mo