median 2,325 €/m² for comparable properties
Rent covers ~ 99% of the payment
~ 964 €/mo rent · you top up ~ 12 €/mo
~114,500 € ABOVE MARKET
overpriced
against the median for apartments in Briz (718 properties)
Low investment rating
The rent covers 37% of the payment — you top up about 1,460 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 51 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 114,500 € above the typical price (the median) for apartments in Briz (718 properties) — 3,040 €/m² against 2,370 €/m².
The apartment is located in the Briz district, Varna, on the second floor of a five-storey brick building from 2004. The property has an area of 171 sq m (150 sq m built-up area) and includes a living room with kitchenette and terrace, master bedroom with bathroom and terrace, children's room, walk-in closet, second bathroom, storage room, and two basement rooms. The building has well-maintained common areas and access control via intercom. The aspect is east/south/west, providing good natural light. The property includes a detached garage of 24 sq m equipped with electricity and water. The area offers convenient infrastructure close to Knyaz Boris I Blvd, the Sea Garden, supermarket, and public transport stops. The property is suitable both for living and investment due to its functional layout and location.
With 20% down over 20 years the monthly mortgage payment is about 2,307 €, against an expected local rent of 847 €. The rent covers 37% of it.
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The exact address hasn't been published by the seller — the map shows the neighbourhood.
median 2,325 €/m² for comparable properties
Rent covers ~ 99% of the payment
~ 964 €/mo rent · you top up ~ 12 €/mo
median 2,364 €/m² for comparable properties
Rent covers ~ 95% of the payment
~ 727 €/mo rent · you top up ~ 40 €/mo
median 2,364 €/m² for comparable properties
Rent covers ~ 131% of the payment
~ 727 €/mo rent · pays for itself in ~ 14 yrs
median 2,325 €/m² for comparable properties
Rent covers ~ 65% of the payment
~ 964 €/mo rent · you top up ~ 522 €/mo
median 2,325 €/m² for comparable properties
Rent covers ~ 68% of the payment
~ 964 €/mo rent · you top up ~ 456 €/mo
median 2,325 €/m² for comparable properties
Rent covers ~ 102% of the payment
~ 964 €/mo rent · pays for itself in ~ 18 yrs
median 2,325 €/m² for comparable properties
Rent covers ~ 80% of the payment
~ 964 €/mo rent · you top up ~ 234 €/mo
median 2,364 €/m² for comparable properties
Rent covers ~ 131% of the payment
~ 727 €/mo rent · pays for itself in ~ 14 yrs