At market level
median 1,786 €/m² for comparable properties
72,600 € 1,650 €/m²
Rent covers ~ 159% of the payment
~ 512 €/mo rent · pays for itself in ~ 12 yrs
Sale209,500 €2,205 €/m²
Expected rent548 € /mo
~57,500 € ABOVE MARKET
overpriced
against the median for 4-room apartments in Vyzrajdane 1 (25 properties)
Area
95 m²
Floor
12 / 16
Construction
Panel
Year
1980
Yield analysis
Low investment rating
Monthly payment930 €20% down payment · 20 yrs · 3%
Expected rent548 €at market conditions for the neighbourhood
The rent covers 59% of the payment — you top up about 382 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 32 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.
Property analysis
This apartment is priced about 57,500 € above the typical price (the median) for 4-room apartments in Vyzrajdane 1 (25 properties) — 2,205 €/m² against 1,599 €/m².
The apartment is located in the Vazrazhdane 1 district, city of Varna, on the 12th floor of a 16-storey prefab panel building.
The layout includes a spacious living room with kitchen area, three separate bedrooms, terrace, separate bathroom and toilet, laundry room and corridor with storage space.
The building dates from 1980, has an elevator and maintained common areas, while the apartment requires refreshing and renovation.
The location offers convenient access to schools, kindergartens, shops and green areas, with free parking options around the building.
The property is suitable for family use, providing comfort and functionality in an urban environment.
With 20% down over 20 years the monthly mortgage payment is about 930 €, against an expected local rent of 548 €. The rent covers 59% of it.
Source: Market statistics for 4-room apartments in Vyzrajdane 1
Pros and cons
AI summaryPros
- functional layout
- high floor
- elevator
- good location
Cons
- prefab panel construction
- needs renovation
Questions for the viewing
Only on imotesaDerived from this specific property's data — not a generic checklist. Take them with you.
What is the scope of the work, and are there hidden problems with the wiring or plumbing?
Because: The listing states that the property needs renovation.
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.
Layout
- living room
- bedroom
- bedroom
- bedroom
Amenities
- Elevator
- Internet Connection
- Needs Renovation
Details
- Category
- Residential
- Rooms
- 4
- Bathrooms
- 2
- Furnishing
- Yes
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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