+140% above market
median 1,156 €/m² for comparable properties
150,000 € 2,777 €/m²
Rent covers ~ 58% of the payment
~ 385 €/mo rent · you top up ~ 281 €/mo
Sale62,000 €1,033 €/m²
Expected rent385 € /mo
~7,500 € BELOW MARKET
good value
against the median for apartments in Varusha (15 properties)
Area
60 m²
Construction
Brick
Yield analysis
Good investment rating
Monthly payment275 €20% down payment · 20 yrs · 3%
Expected rent385 €at market conditions for the neighbourhood
The rent covers 140% 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 Varusha (15 properties) — 1,033 €/m² against 1,156 €/m².
Apartment with two rooms in Varusha district, Veliko Tarnovo, known for its historical landmarks and cultural environment.
The layout includes a corridor, bright living room with kitchenette, bedroom with walk-in closet, and bathroom with toilet, providing convenience and functionality.
The building is monolithic concrete with a facade in the style of the district and an inner courtyard for residents, and the apartment has a separate entrance.
The location offers street parking and is suitable for rental or short stays due to its proximity to tourist sites.
The property is suitable for people seeking housing in an urban environment with potential for additional rental income.
With 20% down over 20 years the monthly mortgage payment is about 275 €, against an expected local rent of 385 €. The rent covers the whole payment (140%).
Pros and cons
AI summaryPros
- panoramic view
- functional layout
- monolithic construction
- separate entrance
Cons
- no parking space
- floor unspecified
Layout
- living room
- bedroom
Details
- Category
- Residential
- Rooms
- 2
- Bathrooms
- 1
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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