Sale

Two-room apartment with terrace in Business Hotel, Varna

VarnaBiznes Hotel
Published: 3 May 2026 Updated: 25 September 2026
Sale139,000 €2,957 €/m²
Expected rent633 € /mo

~33,500 € ABOVE MARKET

overpriced

against the median for 2-room apartments in Biznes Hotel (10 properties)

Area
47 m²
Floor
2 / 4
Construction
Brick
Year
1970

Yield analysis

Fair investment rating

5.5% / yr
Monthly payment617 €20% down payment · 20 yrs · 3%
Expected rent633 €at market conditions for the neighbourhood

The rent covers 103% 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▼ 0.7% · 1,000 €
  1. 140,000 €3 May 2026Initial price
  2. 139,000 €▼ 1,000 € (0.7%) 2 September 2026Price reducedCurrent

Property analysis

This apartment is priced about 33,500 € above the typical price (the median) for 2-room apartments in Biznes Hotel (10 properties) — 2,957 €/m² against 2,242 €/m².

Two-room apartment with an area of 47 sq m, located in Varna, Business Hotel district. The property is on the second floor of a brick building from 1970 with a total of 4 floors.

The layout includes a living room, bedroom, bathroom with toilet, corridor and terrace, with functional rooms providing comfortable use.

The apartment has undergone major renovation with quality materials, including underfloor heating in the bathroom, LED lighting with sensors, stone wool insulation and replaced window frames.

The location is quiet and peaceful, with convenient access to urban infrastructure. The property also includes an adjacent basement and attic storage room for additional storage.

Suitable for personal use or investment, combining convenience and functionality in an urban environment.

With 20% down over 20 years the monthly mortgage payment is about 617 €, against an expected local rent of 633 €. The rent covers the whole payment (103%).

The asking price has fallen by 1,000 € (0.7%) since it was first listed.

Source: Market statistics for 2-room apartments in Biznes Hotel

Pros and cons

AI summary
Pros
  • major renovation
  • functional layout
  • terrace
  • basement and attic room
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. Have the risers been replaced, and when was the roof last repaired?

    Because: The building dates from 1970 — about 56 years old.

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

Layout

  • living room
  • bedroom

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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