At market level
median 1,897 €/m² for comparable properties
220,000 € 2,037 €/m²
Rent covers ~ 58% of the payment
~ 567 €/mo rent · you top up ~ 409 €/mo
Sale270,000 €3,375 €/m²
Expected rent506 € /mo
~117,000 € ABOVE MARKET
overpriced
against the median for apartments in Cveten Kvartal (251 properties)
Area
80 m²
Floor
2 / 5
Construction
Brick
Yield analysis
Low investment rating
Monthly payment1,198 €20% down payment · 20 yrs · 3%
Expected rent506 €at market conditions for the neighbourhood
The rent covers 42% of the payment — you top up about 692 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 44 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 117,000 € above the typical price (the median) for apartments in Cveten Kvartal (251 properties) — 3,375 €/m² against 1,914 €/m².
Apartment with an area of 80 sq m, located on the 2nd floor of a building with an elevator in Tsveten district, Varna. The property is situated on a quiet street near the water utility, in a peaceful and prestigious area.
The layout includes a functional corridor, bright living room with kitchenette, two bedrooms with regular shapes, modern bathroom with toilet, and two terraces. The property also has an adjacent basement on the ground floor.
The building is brick-built, using high-quality materials such as stone wool insulation, Egger laminate flooring, and Grohe sanitary ware. It features a Mitsubishi air conditioning system and concealed Polaris rail lighting.
The location offers convenient access to urban infrastructure while ensuring quiet and tranquility. The area is suitable for living with easy access to all necessary services.
The property is suitable for family living with a focus on functionality and comfort in an urban environment.
With 20% down over 20 years the monthly mortgage payment is about 1,198 €, against an expected local rent of 506 €. The rent covers 42% of it.
Pros and cons
AI summaryPros
- functional layout
- two terraces
- high-quality materials
- elevator
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.
What feedback have previous viewers given?
Because: We have been tracking this listing for about 207 days.
Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.
Layout
- corridor
- living room
- kitchenette
- bedroom
- bedroom
- bathroom
Amenities
- Elevator
Details
- Category
- Residential
- Bathrooms
- 1
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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