median 1,499 €/m² for comparable properties
Rent covers ~ 107% of the payment
~ 410 €/mo rent · pays for itself in ~ 17 yrs
~35,500 € 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 35,500 € below the typical price (the median) for 4-room apartments in Vladislav Varnenchik 1 (44 properties) — 1,288 €/m² against 1,653 €/m².
4-room apartment in Varna city, Vladislav Varnenchik district, located on the third floor of a prefab panel building with elevator and video surveillance.
The layout includes a living room, two bedrooms, L-shaped kitchen with glazed terrace, bathroom with toilet, separate toilet, laundry room, storage room and corridor, as well as a second terrace shared by the two south-facing rooms.
The building was constructed in 1980, prefab panel construction, with maintained common areas and a medium entrance, providing warmth and comfort.
The location is close to Lidl, school, kindergarten, bus stops and other amenities, with good urban infrastructure and easy access to the center of Varna.
The property is suitable for family living with a functional layout and conveniences ensuring comfortable life in an urban environment.
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 3,900 € (3%) 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 22% below the average for comparable properties.
Is there still room to negotiate?
Because: The price has been cut once, by about 3%.
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 1,499 €/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
median 1,499 €/m² for comparable properties
Rent covers ~ 97% of the payment
~ 410 €/mo rent · you top up ~ 11 €/mo