Property Prices in Varna, Bulgaria

Index Info
Price to Income Ratio: 9.48
Mortgage as Percentage of Income: 76.07%
Loan Affordability Index: 1.31
Price to Rent Ratio - City Centre: 20.87
Price to Rent Ratio - Outside of Centre: 18.26
Gross Rental Yield (City Centre): 4.79%
Gross Rental Yield (Outside of Centre): 5.48%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 770.99 лв 587.37-1,200.00
Apartment (1 bedroom) Outside of Centre 609.23 лв 400.00-900.00
Apartment (3 bedrooms) in City Centre 1,564.47 лв 1,200.00-2,000.00
Apartment (3 bedrooms) Outside of Centre 1,068.90 лв 800.00-1,500.00
Buy Apartment Price
Edit
Price per Square Feet to Buy Apartment in City Centre 344.82 лв 272.84-464.51
Price per Square Feet to Buy Apartment Outside of Centre 222.87 лв 167.22-288.00
Salaries And Financing
Edit
Average Monthly Net Salary (After Tax) 1,611.82 лв
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 5.16 3.00-5.70

These data are based on 262 entries in the past 18 months from 39 different contributors.
Last update: April 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