Property Prices in Varna, Bulgaria

Index Info
Price to Income Ratio: 9.05
Mortgage as Percentage of Income: 63.65%
Loan Affordability Index: 1.57
Price to Rent Ratio - City Centre: 23.55
Price to Rent Ratio - Outside of Centre: 20.99
Gross Rental Yield (City Centre): 4.25%
Gross Rental Yield (Outside of Centre): 4.77%
Rent Per Month
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Apartment (1 bedroom) in City Centre 480.69 лв 400.00-600.00
Apartment (1 bedroom) Outside of Centre 355.75 лв 280.00-500.00
Apartment (3 bedrooms) in City Centre 767.28 лв 600.00-1,200.00
Apartment (3 bedrooms) Outside of Centre 582.22 лв 450.00-900.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 217.73 лв 148.64-325.16
Price per Square Feet to Buy Apartment Outside of Centre 145.14 лв 111.48-185.80
Salaries And Financing
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Average Monthly Net Salary (After Tax) 1,078.80 лв
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.62 3.00-6.00

These data are based on 333 entries in the past 18 months from 51 different contributors.
Last update: July 2021

Sources and References
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