Property Prices in Varna, Bulgaria

Index Info
Price to Income Ratio: 9.43
Mortgage as Percentage of Income: 75.60%
Loan Affordability Index: 1.32
Price to Rent Ratio - City Centre: 21.15
Price to Rent Ratio - Outside of Centre: 18.03
Gross Rental Yield (City Centre): 4.73%
Gross Rental Yield (Outside of Centre): 5.54%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 9,859.31 Kč 7,504.23-15,347.37
Apartment (1 bedroom) Outside of Centre 7,790.99 Kč 5,115.79-11,510.53
Apartment (3 bedrooms) in City Centre 20,007.03 Kč 15,347.37-25,578.95
Apartment (3 bedrooms) Outside of Centre 13,669.51 Kč 10,231.58-19,184.21
Buy Apartment Price
Edit
Price per Square Feet to Buy Apartment in City Centre 4,469.94 Kč 3,485.80-6,534.94
Price per Square Feet to Buy Apartment Outside of Centre 2,815.66 Kč 2,138.71-3,683.33
Salaries And Financing
Edit
Average Monthly Net Salary (After Tax) 20,788.71 Kč
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 5.15 3.00-5.70

These data are based on 266 entries in the past 18 months from 39 different contributors.
Last update: April 2024

Sources and References
Sign Up for Our Newsletter:
Your Email Address:
Leave a comment:

Your name: Sign In

Your email address (optional):

Your comment (no HTML):

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