At market level
median 1,556 €/m² for comparable properties
225,000 € 1,500 €/m²
Rent covers ~ 65% of the payment
~ 652 €/mo rent · you top up ~ 346 €/mo
Sale164,800 €2,746 €/m²
Expected rent494 € /mo
~59,000 € ABOVE MARKET
overpriced
against the median for 5-room apartments in Hristo Botev (15 properties)
Area
60 m²
Floor
5 / 6
Construction
Brick
Year
2020
Yield analysis
Low investment rating
Monthly payment731 €20% down payment · 20 yrs · 3%
Expected rent494 €at market conditions for the neighbourhood
The rent covers 68% of the payment — you top up about 237 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 28 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 59,000 € above the typical price (the median) for 5-room apartments in Hristo Botev (15 properties) — 2,746 €/m² against 1,760 €/m².
Maisonette with an area of 60 sq m, located in the Hristo Botev district, Varna. The property is on the top two floors (5th and 6th) of a building with an elevator, built in 2020 with brick construction.
The layout includes an entrance hall, bathroom with toilet, spacious living room with two small terraces on the first level, and two separate rooms with one large and three small terraces on the second level.
The apartment is equipped with underfloor heating on the first floor and air conditioning on the second, and also features a photovoltaic system for energy efficiency.
The district offers amenities such as shops, pharmacies, a polyclinic, and a bus stop within walking distance, with quick access to the city center.
The property is suitable for urban living, investment or rental due to its functional layout and location.
With 20% down over 20 years the monthly mortgage payment is about 731 €, against an expected local rent of 494 €. The rent covers 68% of it.
Source: Market statistics for 5-room apartments in Hristo Botev
Pros and cons
AI summaryPros
- functional layout
- new-build
- elevator
- photovoltaic system
Cons
- top floor
Layout
- entrance hall
- bathroom
- spacious room
- room
- room
Amenities
- Elevator
Details
- Category
- Residential
- Rooms
- 5
- Bathrooms
- 1
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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