Sale−17% below market

One-room apartment with terrace in k.k. Sv.Sv. Konstantin i Elena

Sv.Sv. Konstantin I Elena
Published: 5 March 2026 Updated: 9 September 2026
Sale105,000 €2,560 €/m²
Expected rent812 € /mo
Area
41 m²
Floor
2 / 6
Construction
Brick
Year
2008

Yield analysis

Strong investment rating

9.3% / yr
Monthly payment466 €20% down payment · 20 yrs · 3%
Expected rent812 €at market conditions for the neighbourhood

The rent covers 174% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 11 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▼ 4.5% · 5,000 €
  1. 110,000 €1 June 2026Initial price
  2. 105,000 €▼ 5,000 € (4.5%) 30 June 2026Price reduced
  3. 105,000 €▲ 0 € (0%) 1 August 2026Price increased
  4. 105,000 €▲ 0 € (0%) 4 August 2026Price increasedCurrent

Property analysis

This apartment is priced 17% below the typical price (the median) for comparable properties — 2,386 €/m² against 2,866 €/m².

Apartment with an area of 41 sq m, located on the 2nd floor in k.k. Sv.Sv. Konstantin i Elena, Varna city.
Layout: entrance hall, living room with kitchenette, combined bathroom and terrace.
The building is brick from 2008, with an elevator and secured access through control, part of a gated complex with video surveillance.
The complex offers landscaped grounds, outdoor and indoor pools, as well as parking for residents.
The property is suitable for personal use or rental, combining convenience and functionality in a quiet environment.

With 20% down over 20 years the monthly mortgage payment is about 466 €, against an expected local rent of 812 €. The rent covers the whole payment (174%).

This property is advertised in 3 offers from 3 different sellers. All offers are at the same price. It has been listed for 212 days. The asking price has fallen by 5,000 € (4.5%) since it was first listed.

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

Pros and cons

AI summary
Pros
  • gated complex
  • elevator
  • terrace
  • parking
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 17% below the average for comparable properties.

  2. What feedback have previous viewers given?

    Because: We have been tracking this listing for about 212 days.

  3. Is there still room to negotiate?

    Because: The price has been cut once, by about 5%.

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

Layout

  • studio 41 sq m

Amenities

  • Elevator
  • Access Control
  • Gated Community
  • Video Surveillance

Details

Category
Residential
Bathrooms
1
Furnishing
Yes

Location

Similar properties nearby