median 1,463 €/m² for comparable properties
Rent covers ~ 75% of the payment
~ 500 €/mo rent · you top up ~ 165 €/mo
~25,500 € BELOW MARKET
good value
against the median for 4-room apartments in Vladislav Varnenchik 1 (44 properties)
Fair investment rating
The rent covers 80% of the payment — you top up about 109 €/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 about 25,500 € below the typical price (the median) for 4-room apartments in Vladislav Varnenchik 1 (44 properties) — 1,373 €/m² against 1,653 €/m².
4-room apartment in Varna city, Vladislav Varnenchik district, located on the second floor of an eight-storey prefab panel building.
The layout includes a spacious corridor, living area with access to a terrace, kitchen with access to a terrace, two bedrooms, bathroom, toilet, laundry room and storage room, providing convenience and functionality.
The building is prefab panel from 1980, with external insulation and an elevator available, and the apartment has been renovated.
The location is in an urbanised area with access to city infrastructure and amenities.
The property is suitable for family use, combining a practical layout and a middle floor for comfortable daily living.
With 20% down over 20 years the monthly mortgage payment is about 555 €, against an expected local rent of 446 €. The rent covers 80% of it.
The asking price has fallen by 10,000 € (7.4%) since it was first listed.
Source: Market statistics for 4-room apartments in Vladislav Varnenchik 1
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 17% below the average for comparable properties.
What feedback have previous viewers given?
Because: We have been tracking this listing for about 397 days.
Is there still room to negotiate?
Because: The price has been cut once, by about 7%.
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.
The exact address hasn't been published by the seller — the map shows the neighbourhood.
median 1,463 €/m² for comparable properties
Rent covers ~ 75% of the payment
~ 500 €/mo rent · you top up ~ 165 €/mo
median 1,499 €/m² for comparable properties
Rent covers ~ 107% of the payment
~ 410 €/mo rent · pays for itself in ~ 17 yrs
median 1,463 €/m² for comparable properties
Rent covers ~ 78% of the payment
~ 500 €/mo rent · you top up ~ 143 €/mo
median 1,499 €/m² for comparable properties
Rent covers ~ 107% of the payment
~ 410 €/mo rent · pays for itself in ~ 17 yrs
median 1,463 €/m² for comparable properties
Rent covers ~ 87% of the payment
~ 500 €/mo rent · you top up ~ 76 €/mo
median 1,499 €/m² for comparable properties
Rent covers ~ 118% of the payment
~ 410 €/mo rent · pays for itself in ~ 16 yrs
median 1,499 €/m² for comparable properties
Rent covers ~ 104% of the payment
~ 410 €/mo rent · pays for itself in ~ 18 yrs
median 1,463 €/m² for comparable properties
Rent covers ~ 87% of the payment
~ 500 €/mo rent · you top up ~ 77 €/mo