Property Prices in Varna, Bulgaria

Index Info
Price to Income Ratio: 8.69
Mortgage as Percentage of Income: 58.83%
Loan Affordability Index: 1.70
Price to Rent Ratio - City Centre: 21.42
Price to Rent Ratio - Outside of Centre: 17.27
Gross Rental Yield (City Centre): 4.67%
Gross Rental Yield (Outside of Centre): 5.79%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 650.05 лв 500.00-900.00
Apartment (1 bedroom) Outside of Centre 524.31 лв 350.00-900.00
Apartment (3 bedrooms) in City Centre 1,300.47 лв 800.00-2,000.00
Apartment (3 bedrooms) Outside of Centre 891.59 лв 600.00-1,400.00
Buy Apartment Price
Price per Square Feet to Buy Apartment in City Centre 296.45 лв 232.26-371.61
Price per Square Feet to Buy Apartment Outside of Centre 178.94 лв 139.35-260.13
Salaries And Financing
Average Monthly Net Salary (After Tax) 1,471.79 лв
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.19 2.70-4.00

These data are based on 265 entries in the past 18 months from 42 different contributors.
Last update: May 2023

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