Sale

Two-room apartment with large terrace in Sv. Konstantin i Elena, Varna

Sv.Sv. Konstantin I Elena
Published: 5 June 2026 Updated: 9 September 2026
Sale160,000 €2,222 €/m²
Expected rent738 € /mo

~46,500 € BELOW MARKET

good value

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

Area
72 m²
Floor
1 / 3
Construction
Brick
Year
2026

Yield analysis

Fair investment rating

5.5% / yr
Monthly payment710 €20% down payment · 20 yrs · 3%
Expected rent738 €at market conditions for the neighbourhood

The rent covers 104% 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

1 change since listing▼ 5.9% · 10,000 €
  1. 170,000 €6 July 2026Initial price
  2. 160,000 €▼ 10,000 € (5.9%) 3 August 2026Price reducedCurrent

Property analysis

This apartment is priced about 46,500 € below the typical price (the median) for apartments in Sv.Sv. Konstantin I Elena (488 properties) — 2,222 €/m² against 2,867 €/m².

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

The layout includes a living area with kitchen, bedroom, bathroom with toilet, and a 30 sq m terrace, providing additional outdoor space.

The building is brick, built in 2026, with a total of three floors, and the apartment is located on the ground floor. Offered unfinished to BDS standard with included parking space and cellar.

The location is within walking distance to the sea, in a quiet and green environment, suitable for both vacation and everyday living.

The property is suitable for those seeking convenience close to the seaside with a functional layout and extra space for relaxation.

With 20% down over 20 years the monthly mortgage payment is about 710 €, against an expected local rent of 738 €. The rent covers the whole payment (104%).

The asking price has fallen by 10,000 € (5.9%) since it was first listed.

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

Pros and cons

AI summary
Pros
  • large terrace
  • parking space included
  • new brick building
  • close to the sea
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 23% below the average for comparable properties.

  2. Is there still room to negotiate?

    Because: The price has been cut once, by about 6%.

  3. Has Act 16 been issued, and what guarantees cover the common parts?

    Because: The building dates from 2026.

  4. 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 with kitchen
  • bedroom

Amenities

  • With Parking

Details

Category
Residential
Rooms
2
Bathrooms
1

Approximate location

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

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