Sale

Three-room apartment with sea view in Sv.Sv. Konstantin and Elena

Sv.Sv. Konstantin I Elena
Published: 3 May 2026 Updated: 19 September 2026
Sale235,000 €2,303 €/m²
Expected rent1,329 € /mo

~57,500 € BELOW MARKET

good value

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

Area
102 m²
Floor
5 / 6
Construction
Brick
Year
2008

Yield analysis

Good investment rating

6.8% / yr
Monthly payment1,043 €20% down payment · 20 yrs · 3%
Expected rent1,329 €at market conditions for the neighbourhood

The rent covers 127% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 15 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▼ 5.6% · 14,000 €
  1. 249,000 €3 May 2026Initial price
  2. 247,000 €▼ 2,000 € (0.8%) 23 July 2026Price reduced
  3. 259,000 €▲ 12,000 € (4.9%) 5 August 2026Price increased
  4. 235,000 €▼ 24,000 € (9.3%) 14 August 2026Price reducedCurrent

Property analysis

This apartment is priced about 57,500 € below the typical price (the median) for apartments in Sv.Sv. Konstantin I Elena (488 properties) — 2,303 €/m² against 2,867 €/m².

Three-room apartment in the city of Varna, Sv.Sv. Konstantin and Elena resort, located on the 5th floor of 6 in a brick building from 2008. The property has an area of 102 sq m and a southeast aspect with a sea view.

The layout includes a living room with dining and lounge area (30 sq m) with access to a terrace, master bedroom (15 sq m) with bathroom and toilet, second bedroom (14 sq m), separate bathroom with toilet, and corridor. The apartment includes a functional basement.

The building is brick, equipped with an elevator, and the complex offers a pool and gym for residents. There is an option to purchase an underground parking space.

The location is close to the beach, LIDL supermarket, and bus stop, providing convenience for daily needs and transport.

The property is suitable for use as a residence or holiday home, combining the amenities of a seaside complex with a functional layout.

With 20% down over 20 years the monthly mortgage payment is about 1,043 €, against an expected local rent of 1,329 €. The rent covers the whole payment (127%).

The asking price has fallen by 14,000 € (5.6%) since it was first listed.

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

Pros and cons

AI summary
Pros
  • southeast aspect
  • sea view
  • elevator in building
  • pool and gym
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 20% 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.

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

Layout

  • living room 30 sq m
  • bedroom 15 sq m
  • bedroom 14 sq m

Amenities

  • Elevator
  • With Parking

Details

Category
Residential
Rooms
3
Bathrooms
2

Approximate location

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

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