Property Prices in Varna, Bulgaria

Index Info
Price to Income Ratio: 10.30
Mortgage as Percentage of Income: 80.68%
Loan Affordability Index: 1.24
Price to Rent Ratio - City Centre: 23.56
Price to Rent Ratio - Outside of Centre: 20.40
Gross Rental Yield (City Centre): 4.24%
Gross Rental Yield (Outside of Centre): 4.90%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 841.98 лв 650.00-1,200.00
Apartment (1 bedroom) Outside of Centre 646.80 лв 500.00-850.00
Apartment (3 bedrooms) in City Centre 1,510.69 лв 1,200.00-2,500.00
Apartment (3 bedrooms) Outside of Centre 1,092.98 лв 978.42-1,500.00
Buy Apartment Price
Edit
Price per Square Feet to Buy Apartment in City Centre 401.58 лв 299.96-557.41
Price per Square Feet to Buy Apartment Outside of Centre 260.04 лв 185.80-371.61
Salaries And Financing
Edit
Average Monthly Net Salary (After Tax) 1,728.80 лв
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 4.87 3.00-5.70

These data are based on 268 entries in the past 18 months from 37 different contributors.
Last update: February 2025

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