Sale

Two-room apartment with large terrace in Sv. Sv. Konstantin and Elena

Sv.Sv. Konstantin I Elena
Published: 9 January 2026 Updated: 10 September 2026
Sale139,990 €1,186 €/m²
Expected rent738 € /mo

~198,500 € BELOW MARKET

far below market

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

A price this far below the market usually has a reason the listing does not mention — encumbrances or an error in the ad.

Area
118 m²
Floor
4 / 5
Construction
Brick
Year
2016

Yield analysis

Good investment rating

6.3% / yr
Monthly payment621 €20% down payment · 20 yrs · 3%
Expected rent738 €at market conditions for the neighbourhood

The rent covers 119% 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.

Property analysis

This apartment is priced about 198,500 € below the typical price (the median) for apartments in Sv.Sv. Konstantin I Elena (488 properties) — 1,186 €/m² against 2,867 €/m². A price this far below the market usually has a reason the listing does not mention — encumbrances or an error in the ad.

2-room apartment in the resort of Sv. Sv. Konstantin and Elena, Varna city, located on the fourth floor of a five-storey building.
The layout includes a living area of 50 sq m and a terrace of 54 sq m with panoramic sea views, providing additional space and potential for expansion.
The building was constructed in 2016 with brick construction, equipped with an elevator, video surveillance, and access control, and the common areas are maintained and include a swimming pool.
The location is in a green and quiet seaside resort, about 500 meters from the beach and mineral springs, offering amenities for year-round living or rental.
The property is suitable for those seeking a spacious apartment near the sea with the possibility of further expanding the living area.

With 20% down over 20 years the monthly mortgage payment is about 621 €, against an expected local rent of 738 €. The rent covers the whole payment (119%).

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

Pros and cons

AI summary
Pros
  • large terrace
  • panoramic sea view
  • elevator and video surveillance
  • new brick construction
Cons

We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.

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 59% below the average for comparable properties.

  2. What feedback have previous viewers given?

    Because: We have been tracking this listing for about 267 days.

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

Layout

  • bedroom
  • bedroom

Amenities

  • Elevator
  • Internet Connection
  • Active Business
  • Video Surveillance
  • Access Control
  • Renovated
  • Gated Community
  • Tax Credit Option

Details

Category
Residential
Rooms
2
Furnishing
Yes

Approximate location

The exact address hasn't been published by the seller — the map shows the neighbourhood.

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