median 1,540 €/m² for comparable properties
Rent covers ~ 101% of the payment
~ 652 €/mo rent · pays for itself in ~ 19 yrs
~27,000 € BELOW MARKET
good value
against the median for 4-room apartments in Vladislav Varnenchik 2 (44 properties)
Good investment rating
The rent covers 118% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 16 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 27,000 € below the typical price (the median) for 4-room apartments in Vladislav Varnenchik 2 (44 properties) — 1,301 €/m² against 1,653 €/m².
4-room apartment in Varna city, Vladislav Varnenchik district. The property has an area of 92 sq m and includes an additional basement of 5 sq m.
The layout features a spacious living room, bedroom, kitchen, children's room, two large terraces, and four utility rooms, providing functional use of the space.
The building is prefab panel, the apartment is mid-level and insulated, with an elevator and amenities such as parking in front of the block.
The district is well developed with schools, kindergartens, shops, and public transport, ensuring convenient access to urban infrastructure.
The property is suitable for families seeking comfort and tranquility in an urban environment with good infrastructure.
With 20% down over 20 years the monthly mortgage payment is about 554 €, against an expected local rent of 652 €. The rent covers the whole payment (118%).
This property is advertised in 6 offers from 2 different sellers. All offers are at the same price. It has been listed for 184 days. The asking price has fallen by 9,100 € (6.8%) since it was first listed.
Source: Market statistics for 4-room apartments in Vladislav Varnenchik 2
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
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 21% below the average for comparable properties.
What feedback have previous viewers given?
Because: We have been tracking this listing for about 184 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.
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 1,540 €/m² for comparable properties
Rent covers ~ 101% of the payment
~ 652 €/mo rent · pays for itself in ~ 19 yrs
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median 1,540 €/m² for comparable properties
Rent covers ~ 118% of the payment
~ 652 €/mo rent · pays for itself in ~ 16 yrs
median 1,540 €/m² for comparable properties
Rent covers ~ 103% of the payment
~ 652 €/mo rent · pays for itself in ~ 18 yrs
median 1,540 €/m² for comparable properties
Rent covers ~ 118% of the payment
~ 652 €/mo rent · pays for itself in ~ 16 yrs