−24% below market
median 2,461 €/m² for comparable properties
119,000 € 1,919 €/m²
Rent covers ~ 94% of the payment
~ 495 €/mo rent · you top up ~ 33 €/mo
Sale94,900 €1,506 €/m²
Expected rent609 € /mo
~7,500 € BELOW MARKET
good value
against the median for apartments in Izgrev (308 properties)
Area
63 m²
Floor
2 / 4
Construction
Brick
Year
2027
Yield analysis
Good investment rating
Monthly payment421 €20% down payment · 20 yrs · 3%
Expected rent609 €at market conditions for the neighbourhood
The rent covers 145% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 13 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 7,500 € below the typical price (the median) for apartments in Izgrev (308 properties) — 1,483 €/m² against 1,629 €/m².
Apartment with an area of 63 sq m, located on the 2nd floor in a new brick building from 2027 in the Izgrev district, Varna.
The layout includes an entrance hall, living room with kitchen area, bedroom, bathroom with toilet and a shared terrace.
The building has controlled access and an elevator, built with quality materials and modern technologies.
The area offers good infrastructure, transport and amenities, suitable both for living and investment.
The property is a functional and practical choice for urban living with the possibility of a parking space and a quiet environment.
With 20% down over 20 years the monthly mortgage payment is about 421 €, against an expected local rent of 609 €. The rent covers the whole payment (145%).
This property is advertised in 2 offers from 2 different sellers. The gap between the cheapest and the dearest is 3,000 €. It has been listed for 182 days.
Pros and cons
AI summaryPros
- new-build
- elevator
- controlled access
- terrace
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.
Which price is the real one, and who am I negotiating with?
Because: The property appears in 2 listings, and the prices differ by about 3%.
What feedback have previous viewers given?
Because: We have been tracking this listing for about 182 days.
Has Act 16 been issued, and what guarantees cover the common parts?
Because: The building dates from 2027.
Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.
Layout
- entrance hall
- living room
- bedroom
- terrace
Amenities
- Elevator
- Access Control
- With Parking
- Leasing
- Renovated
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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