Sale

Studio apartment in k.k. Sv. Sv. Konstantin i Elena, Varna with terrace

Sv.Sv. Konstantin I Elena
Published: 5 January 2026 Updated: 2 October 2026
Sale80,000 €2,000 €/m²
Expected rent416 € /mo

~34,500 € BELOW MARKET

good value

against the median for apartments in Sv.Sv. Konstantin I Elena (488 properties)

Area
40 m²
Floor
5 / 8
Construction
Brick

Yield analysis

Good investment rating

6.2% / yr
Monthly payment355 €20% down payment · 20 yrs · 3%
Expected rent416 €at market conditions for the neighbourhood

The rent covers 117% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 16 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.

Price history

1 change since listing▼ 30.4% · 35,000 €
  1. 115,000 €5 February 2026Initial price
  2. 80,000 €▼ 35,000 € (30.4%) 9 June 2026Price reducedCurrent

Property analysis

This apartment is priced about 34,500 € below the typical price (the median) for apartments in Sv.Sv. Konstantin I Elena (488 properties) — 2,000 €/m² against 2,867 €/m².

The property is suitable for those seeking a compact home in a resort area with amenities and the possibility for rental or personal use.

With 20% down over 20 years the monthly mortgage payment is about 355 €, against an expected local rent of 416 €. The rent covers the whole payment (117%).

The asking price has fallen by 35,000 € (30.4%) since it was first listed.

Source: Market statistics for apartments in Sv.Sv. Konstantin I Elena

Pros and cons

AI summary
Pros
  • functional layout
  • terrace
  • elevator
  • pool
Cons
  • studio (open plan)

Questions for the viewing

Only on imotesa

Derived from this specific property's data — not a generic checklist. Take them with you.

  1. Why is this priced below comparable properties? Is there anything that could affect the sale?

    Because: The price per m² is about 30% below the average for comparable properties.

  2. What feedback have previous viewers given?

    Because: We have been tracking this listing for about 270 days.

  3. Is there still room to negotiate?

    Because: The price has been cut once, by about 30%.

Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.

Layout

  • living room/bedroom

Amenities

  • Elevator

Details

Category
Residential
Rooms
1
Bathrooms
1
Furnishing
Yes

Location

Similar properties nearby