Sale

2-room apartment in the resort complex Sv. Sv. Konstantin i Elena, Varna

Sv.Sv. Konstantin I Elena
Published: 7 August 2026 Updated: 9 September 2026
Sale155,000 €2,384 €/m²
Expected rent738 € /mo

~31,500 € BELOW MARKET

good value

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

Area
65 m²
Floor
1 / 6
Construction
Brick
Year
2009

Yield analysis

Fair investment rating

5.7% / yr
Monthly payment688 €20% down payment · 20 yrs · 3%
Expected rent738 €at market conditions for the neighbourhood

The rent covers 107% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 18 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.

Price history

3 changes since listing▼ 5.9% · 9,100 €
  1. 155,000 €6 August 2026Initial price
  2. 149,800 €▼ 5,200 € (3.4%) 9 August 2026Price reduced
  3. 144,900 €▼ 4,900 € (3.3%) 5 September 2026Price reduced
  4. 145,900 €▲ 1,000 € (0.7%) 9 September 2026Price increasedCurrent

Property analysis

This apartment is priced about 31,500 € below the typical price (the median) for apartments in Sv.Sv. Konstantin I Elena (488 properties) — 2,384 €/m² against 2,867 €/m².

2-room apartment in the resort complex Sv. Sv. Konstantin i Elena, Varna city.
The layout includes a living area, bedroom, bathroom with toilet, and balcony, providing convenience for one or two persons.
The building is brick, built in 2009, with an elevator and an adjacent basement, which adds to the functionality of the property.
The location offers easy access to the sea, transport, and essential services, suitable for both permanent residence and a holiday home or investment.
The property is a practical choice for those seeking a balance between comfort and convenience by the seaside.

With 20% down over 20 years the monthly mortgage payment is about 688 €, against an expected local rent of 738 €. The rent covers the whole payment (107%).

The asking price has fallen by 9,100 € (5.9%) since it was first listed.

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

Pros and cons

AI summary
Pros
  • functional layout
  • elevator in building
  • balcony
  • adjacent basement
Cons
  • ground floor

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 17% below the average for comparable properties.

  2. Is there still room to negotiate, and why has it not sold yet?

    Because: The price has been cut 2 times — about 6% below the original asking price.

  3. Is there damp, is there enough daylight, and what is the noise like?

    Because: The property is on the first floor.

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

Layout

  • living area
  • bedroom

Details

Category
Residential
Rooms
2
Bathrooms
1
Furnishing
Yes

Location

Similar properties nearby