median 2,001 €/m² for comparable properties
Rent covers ~ 71% of the payment
~ 1,187 €/mo rent · you top up ~ 477 €/mo
~47,500 € ABOVE MARKET
overpriced
against the median for apartments in Sveti Nikola (85 properties)
Good investment rating
The rent covers 119% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 16 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 47,500 € above the typical price (the median) for apartments in Sveti Nikola (85 properties) — 2,743 €/m² against 2,164 €/m².
The apartment is located in Varna, Sveti Nikola district, in a gated complex with a pool. It features a spacious living area of 27.5 sq m with access to a loggia, as well as a bedroom of 20 sq m. The property also includes a bathroom, corridor, and basement storage. The building is brick, on the third floor of five, with an elevator and well-maintained common areas. The complex offers controlled access, video surveillance, and a parking space, providing security and convenience. The location is close to the sea and main roads, with easy access to shops and services. The property is suitable both for living and investment due to its functionality and amenities.
With 20% down over 20 years the monthly mortgage payment is about 998 €, against an expected local rent of 1,187 €. The rent covers the whole payment (119%).
The asking price has fallen by 34,000 € (13.1%) since it was first listed.
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
Derived 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 209 days.
Is there still room to negotiate?
Because: The price has been cut once, by about 13%.
Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.
The exact address hasn't been published by the seller — the map shows the neighbourhood.
median 2,001 €/m² for comparable properties
Rent covers ~ 71% of the payment
~ 1,187 €/mo rent · you top up ~ 477 €/mo
median 2,001 €/m² for comparable properties
Rent covers ~ 64% of the payment
~ 1,187 €/mo rent · you top up ~ 676 €/mo
median 1,974 €/m² for comparable properties
Rent covers ~ 70% of the payment
~ 696 €/mo rent · you top up ~ 302 €/mo
median 2,404 €/m² for comparable properties
Rent covers ~ 72% of the payment
~ 1,187 €/mo rent · you top up ~ 470 €/mo
median 2,404 €/m² for comparable properties
Rent covers ~ 74% of the payment
~ 1,187 €/mo rent · you top up ~ 413 €/mo
median 1,967 €/m² for comparable properties
Rent covers ~ 79% of the payment
~ 560 €/mo rent · you top up ~ 150 €/mo
median 1,974 €/m² for comparable properties
Rent covers ~ 98% of the payment
~ 696 €/mo rent · you top up ~ 13 €/mo
median 1,974 €/m² for comparable properties
Rent covers ~ 98% of the payment
~ 696 €/mo rent · you top up ~ 14 €/mo