Sale

Studio apartment in central Varna, near the Sea Garden

VarnaFestivalen Kompleks
Published: 6 August 2026 Updated: 6 August 2026
Sale45,000 €3,461 €/m²
Expected rent947 € /mo

AT MARKET LEVEL

fairly priced

against the median for apartments in Festivalen Kompleks (31 properties)

Area
13 m²
Floor
5 / 9
Construction
Brick

Yield analysis

Strong investment rating

25.3% / yr
Monthly payment200 €20% down payment · 20 yrs · 3%
Expected rent947 €at market conditions for the neighbourhood

The rent covers 474% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 4 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 at the typical price (the median) for apartments in Festivalen Kompleks (31 properties) — 3,461 €/m² against 3,462 €/m².

Studio apartment with an area of 13 sq m, located in the Festival Complex, Varna city. The property is on the 5th floor of a 9-storey brick building.

The layout is compact, with one main room and shared sanitary facilities on the floor, which limits privacy and convenience.

The building is brick, with no specific information about the year of construction, and the property has internet access.

The location is extremely central, just meters from the Sea Garden, Cherno More hotel, and the main attractions in the city.

Suitable for investment or short-term use due to the small area and shared sanitary facilities.

With 20% down over 20 years the monthly mortgage payment is about 200 €, against an expected local rent of 947 €. The rent covers the whole payment (474%).

Source: Market statistics for apartments in Festivalen Kompleks

Pros and cons

AI summary
Pros
  • central location
  • internet
  • brick construction
Cons
  • very small area
  • shared sanitary facilities

Questions for the viewing

Only on imotesa

Derived from this specific property's data — not a generic checklist. Take them with you.

  1. Is there a lift in the building, and what condition is it in?

    Because: The property is on floor 5 and the listing does not mention a lift.

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

Layout

  • studio 11 sq m

Amenities

  • Internet Connection

Details

Category
Residential
Rooms
1

Approximate location

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

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