Property Prices in Varna, Bulgaria

Index Info
Price to Income Ratio: 9.90
Mortgage as Percentage of Income: 77.61%
Loan Affordability Index: 1.29
Price to Rent Ratio - City Centre: 21.31
Price to Rent Ratio - Outside of Centre: 18.34
Gross Rental Yield (City Centre): 4.69%
Gross Rental Yield (Outside of Centre): 5.45%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 802.89 лв 600.00-1,200.00
Apartment (1 bedroom) Outside of Centre 632.01 лв 500.00-900.00
Apartment (3 bedrooms) in City Centre 1,653.34 лв 1,200.00-2,500.00
Apartment (3 bedrooms) Outside of Centre 1,142.49 лв 977.18-1,500.00
Buy Apartment Price
Edit
Price per Square Feet to Buy Apartment in City Centre 369.28 лв 272.35-544.69
Price per Square Feet to Buy Apartment Outside of Centre 235.36 лв 167.22-334.45
Salaries And Financing
Edit
Average Monthly Net Salary (After Tax) 1,642.80 лв
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 4.87 3.00-5.70

These data are based on 254 entries in the past 18 months from 37 different contributors.
Last update: November 2024

Sources and References
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1 Comments so far
Frank D Bravo on May 01, 2023:
I would like to know the average price of a nice three bedroom home to buy in Varna, Bulgaria.

Thank You,

Frank Bravo