+16% above market
median 2,057 €/m² for comparable properties
154,444 € 2,574 €/m²
Rent covers ~ 72% of the payment
~ 492 €/mo rent · you top up ~ 193 €/mo
Sale226,000 €2,511 €/m²
Expected rent492 € /mo
~41,000 € ABOVE MARKET
overpriced
against the median for 3-room apartments in Vyzrajdane 2 (34 properties)
Area
90 m²
Floor
5 / 8
Construction
Panel
Year
1980
Yield analysis
Low investment rating
Monthly payment1,003 €20% down payment · 20 yrs · 3%
Expected rent492 €at market conditions for the neighbourhood
The rent covers 49% of the payment — you top up about 511 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 38 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 41,000 € above the typical price (the median) for 3-room apartments in Vyzrajdane 2 (34 properties) — 2,511 €/m² against 2,057 €/m².
4-room apartment in Varna, Vazrazhdane 2 district, on the 5th floor of 8 in a prefab panel block from 1980.
The layout includes an extended L-shaped kitchen with dining area, living room, two bedrooms, two terraces (one glazed and one large open), bathroom with toilet, separate toilet and laundry room.
The property has undergone major renovation, including replacement of plumbing and electrical installations, PVC windows and external insulation. There is an elevator and it is on a middle floor.
The location is convenient, close to a market, Vazrazhdane Park, commercial outlets and educational institutions, with ample parking space around the block.
Suitable as a family home with good functionality and amenities in an urban environment.
With 20% down over 20 years the monthly mortgage payment is about 1,003 €, against an expected local rent of 492 €. The rent covers 49% of it.
Source: Market statistics for 3-room apartments in Vyzrajdane 2
Pros and cons
AI summaryPros
- functional layout
- two terraces
- elevator
- close to park
Cons
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
Questions for the viewing
Only on imotesaDerived from this specific property's data — not a generic checklist. Take them with you.
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
- kitchen
- bedroom
- living room
- bedroom
- laundry room
- toilet
Amenities
- Elevator
Details
- Category
- Residential
- Rooms
- 4
- Bathrooms
- 2
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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