Sale

Two-room apartment on 4th floor in Avtogara, Varna

VarnaAvtogara
Published: 1 August 2026 Updated: 1 October 2026
Sale105,000 €1,944 €/m²
Expected rent458 € /mo

~49,000 € BELOW MARKET

good value

against the median for 2-room apartments in Avtogara (21 properties)

Area
54 m²
Floor
4 / 5
Construction
Brick
Year
1999

Yield analysis

Fair investment rating

5.2% / yr
Monthly payment466 €20% down payment · 20 yrs · 3%
Expected rent458 €at market conditions for the neighbourhood

The rent covers 98% of the payment — you top up about 8 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 19 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▼ 8.7% · 10,000 €
  1. 115,000 €8 September 2026Initial price
  2. 105,000 €▼ 10,000 € (8.7%) 10 September 2026Price reducedCurrent

Property analysis

This apartment is priced about 49,000 € below the typical price (the median) for 2-room apartments in Avtogara (21 properties) — 1,944 €/m² against 2,855 €/m².

Two-room apartment with an area of 54 sq m, located in the district of Avtogara, Varna, near Patriarch Evtimiy stop.
The property has a functional layout with two separate rooms and a terrace overlooking the boulevard.
The building is brick from 1999, without an elevator, and the apartment needs full renovation.
The location is convenient with quick access to public transport, shops, and schools, providing comfortable urban living.
Suitable both for personal use and as an investment with rental potential.

With 20% down over 20 years the monthly mortgage payment is about 466 €, against an expected local rent of 458 €. The rent covers 98% of it.

The asking price has fallen by 10,000 € (8.7%) since it was first listed.

Source: Market statistics for 2-room apartments in Avtogara

Pros and cons

AI summary
Pros
  • functional layout
  • good location
  • terrace with view
Cons
  • needs full renovation
  • no elevator

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 32% below the average for comparable properties.

  2. Is there still room to negotiate?

    Because: The price has been cut once, by about 9%.

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

    Because: The property is on floor 4 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

  • bedroom 53 sq m

Details

Category
Residential
Rooms
2

Approximate location

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

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