median 2,520 €/m² for comparable properties
Rent covers ~ 68% of the payment
~ 993 €/mo rent · you top up ~ 471 €/mo
~44,000 € ABOVE MARKET
overpriced
against the median for 5-room apartments in Centyr (13 properties)
Good investment rating
The rent covers 117% 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 44,000 € above the typical price (the median) for 5-room apartments in Centyr (13 properties) — 3,177 €/m² against 2,200 €/m².
Maisonette with an area of 45 sq m, located in the Center of Varna near theaters and a pedestrian zone.
The layout includes two levels: on the first there is an entrance hall, living room with kitchen area and toilet, and on the second - bedroom and bathroom with toilet. The property has walk-through rooms and a separate entrance on a high ground floor.
The building is brick, built in 2010, with PVC windows and heating by air conditioner. There is no elevator, but this is not an issue for the low floor.
The location is convenient for city living with proximity to kindergarten, eateries and administrative offices.
It is suitable both for personal use and for renting out, offering a balanced combination of functionality and urban environment.
With 20% down over 20 years the monthly mortgage payment is about 634 €, against an expected local rent of 740 €. The rent covers the whole payment (117%).
median 2,520 €/m² for comparable properties
Rent covers ~ 68% of the payment
~ 993 €/mo rent · you top up ~ 471 €/mo
median 2,846 €/m² for comparable properties
Rent covers ~ 74% of the payment
~ 884 €/mo rent · you top up ~ 314 €/mo
median 2,846 €/m² for comparable properties
Rent covers ~ 54% of the payment
~ 884 €/mo rent · you top up ~ 753 €/mo
median 2,200 €/m² for comparable properties
Rent covers ~ 81% of the payment
~ 740 €/mo rent · you top up ~ 174 €/mo
median 2,846 €/m² for comparable properties
Rent covers ~ 104% of the payment
~ 884 €/mo rent · pays for itself in ~ 18 yrs
median 2,846 €/m² for comparable properties
Rent covers ~ 111% of the payment
~ 884 €/mo rent · pays for itself in ~ 17 yrs
median 2,520 €/m² for comparable properties
Rent covers ~ 68% of the payment
~ 993 €/mo rent · you top up ~ 462 €/mo
median 3,261 €/m² for comparable properties
Rent covers ~ 117% of the payment
~ 978 €/mo rent · pays for itself in ~ 16 yrs