Sale

Two-room apartment with terrace and lake view in Varna

VarnaCveten Kvartal
Published: 18 April 2026 Updated: 20 September 2026
Sale130,000 €2,888 €/m²
Expected rent482 € /mo

~41,500 € ABOVE MARKET

overpriced

against the median for 2-room apartments in Cveten Kvartal (81 properties)

Area
45 m²
Floor
9 / 15
Construction
EPC
Year
1980

Yield analysis

Fair investment rating

4.4% / yr
Monthly payment577 €20% down payment · 20 yrs · 3%
Expected rent482 €at market conditions for the neighbourhood

The rent covers 84% of the payment — you top up about 95 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 22 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.

Price history

4 changes since listing▼ 13.3% · 19,900 €
  1. 149,900 €18 April 2026Initial price
  2. 135,000 €▼ 14,900 € (9.9%) 9 June 2026Price reduced
  3. 134,900 €▼ 100 € (0.1%) 8 July 2026Price reduced
  4. 132,500 €▼ 2,400 € (1.8%) 6 August 2026Price reduced
  5. 130,000 €▼ 2,500 € (1.9%) 20 September 2026Price reducedCurrent

Property analysis

This apartment is priced about 41,500 € above the typical price (the median) for 2-room apartments in Cveten Kvartal (81 properties) — 2,888 €/m² against 1,967 €/m².

2-room apartment in Varna, Tsveten district, located on the 9th floor of 15 in a monolithic concrete building. The living area is 45 sq m with an additional attic space of 4 sq m.

The layout includes a corridor, kitchen with kitchenette, spacious living room with terrace overlooking Varna Lake and the city, bedroom, as well as a bathroom with toilet combined. The aspect is entirely south-facing, providing good lighting and warmth.

The building dates from 1980, EPK prefab construction, with maintained common areas. The apartment is in good condition, furnished and ready to move in.

The area is preferred for living, with convenient access to urban infrastructure and green spaces.

The property is suitable for family use, combining functionality and comfort in an urban environment.

With 20% down over 20 years the monthly mortgage payment is about 577 €, against an expected local rent of 482 €. The rent covers 84% of it.

The asking price has fallen by 19,900 € (13.3%) since it was first listed.

Source: Market statistics for 2-room apartments in Cveten Kvartal

Pros and cons

AI summary
Pros
  • south-facing aspect
  • terrace with view
  • good condition
  • maintained common areas
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. Is there still room to negotiate, and why has it not sold yet?

    Because: The price has been cut 4 times — about 13% below the original asking price.

  2. Have the risers been replaced, and when was the roof last repaired?

    Because: The building dates from 1980 — about 46 years old.

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

    Because: The property is on floor 9 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

  • corridor
  • kitchen - kitchenette
  • living room
  • bedroom
  • bathroom and toilet

Exposure

AI summary
SSouth

Maximum sunlight throughout the day

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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