Property Prices in Varna, Bulgaria

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Index Info
Price to Income Ratio: 10.00
Mortgage as Percentage of Income: 78.98%
Loan Affordability Index: 1.27
Price to Rent Ratio - City Centre: 20.95
Price to Rent Ratio - Outside of Centre: 18.45
Gross Rental Yield (City Centre): 4.77%
Gross Rental Yield (Outside of Centre): 5.42%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 810.24 лв 600.00-1,100.00
Apartment (1 bedroom) Outside of Centre 638.78 лв 400.00-900.00
Apartment (3 bedrooms) in City Centre 1,605.87 лв 1,200.00-2,500.00
Apartment (3 bedrooms) Outside of Centre 1,126.28 лв 900.00-1,500.00
Buy Apartment Price
Edit
Price per Square Feet to Buy Apartment in City Centre 359.67 лв 278.71-510.96
Price per Square Feet to Buy Apartment Outside of Centre 236.64 лв 178.10-288.00
Salaries And Financing
Edit
Average Monthly Net Salary (After Tax) 1,604.80 лв
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 4.97 3.00-5.70

These data are based on 248 entries in the past 18 months from 37 different contributors.
Last update: July 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