+15% above market
median 1,900 €/m² for comparable properties
80,500 € 2,175 €/m²
Rent covers ~ 183% of the payment
~ 652 €/mo rent · pays for itself in ~ 10 yrs
Sale58,500 €2,925 €/m²
Expected rent652 € /mo
~20,500 € ABOVE MARKET
overpriced
against the median for apartments in Varna (10,011 properties)
Area
20 m²
Floor
2 / 5
Construction
Brick
Year
2000
Yield analysis
Strong investment rating
Monthly payment260 €20% down payment · 20 yrs · 3%
Expected rent652 €at market conditions for the neighbourhood
The rent covers 251% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 7 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 20,500 € above the typical price (the median) for apartments in Varna (10,011 properties) — 2,925 €/m² against 1,900 €/m².
The apartment is located in the city of Varna, in the Zapadna Promishlena Zona area. It features one room, bathroom with toilet, and an entrance hall, providing a compact and functional layout. The building is brick, built in 2000, and the apartment is on the second floor of five. The property is renovated, with internet available and access control. The location is close to Varna City Park and Mall Dvete Kuli, offering convenient access to urban amenities. It is suitable both for living and as an investment with the possibility of bank financing.
With 20% down over 20 years the monthly mortgage payment is about 260 €, against an expected local rent of 652 €. The rent covers the whole payment (251%).
Pros and cons
AI summaryPros
- renovated
- southwest aspect
- internet
- access control
Cons
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
Questions for the viewing
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What feedback have previous viewers given?
Because: We have been tracking this listing for about 214 days.
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Layout
- entrance hall
- room
- bathroom
Amenities
- Internet Connection
- Access Control
- Renovated
Details
- Category
- Residential
- Bathrooms
- 1
- Furnishing
- Yes
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
Similar properties nearby
+22% above market
median 1,900 €/m² for comparable properties
65,000 € 2,321 €/m²
Rent covers ~ 226% of the payment
~ 652 €/mo rent · pays for itself in ~ 8 yrs
+21% above market
median 1,900 €/m² for comparable properties
250,000 € 2,293 €/m²
Rent covers ~ 59% of the payment
~ 652 €/mo rent · you top up ~ 457 €/mo