Property Prices in Varna, Bulgaria

Index Info
Price to Income Ratio: 10.06
Mortgage as Percentage of Income: 78.09%
Loan Affordability Index: 1.28
Price to Rent Ratio - City Centre: 22.13
Price to Rent Ratio - Outside of Centre: 19.31
Gross Rental Yield (City Centre): 4.52%
Gross Rental Yield (Outside of Centre): 5.18%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 822.07 лв 650.00-1,200.00
Apartment (1 bedroom) Outside of Centre 648.68 лв 500.00-900.00
Apartment (3 bedrooms) in City Centre 1,637.89 лв 1,200.00-2,500.00
Apartment (3 bedrooms) Outside of Centre 1,123.67 лв 900.00-1,500.00
Buy Apartment Price
Edit
Price per Square Feet to Buy Apartment in City Centre 386.46 лв 278.71-557.41
Price per Square Feet to Buy Apartment Outside of Centre 249.63 лв 181.55-371.61
Salaries And Financing
Edit
Average Monthly Net Salary (After Tax) 1,700.77 лв
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 4.76 3.00-5.70

These data are based on 254 entries in the past 18 months from 38 different contributors.
Last update: December 2024

Sources and References
Sign Up for Our Newsletter:
Your Email Address:
Leave a comment:

Your name: Sign In

Your email address (optional):

Your comment (no HTML):

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