Sale−23% below market

2-room apartment with sea view in Izgrev, Varna

VarnaIzgrev
Published: 9 May 2026 Updated: 9 September 2026
Sale87,500 €1,458 €/m²
Expected rent472 € /mo
Area
60 m²
Floor
4 / 6
Construction
Brick

Yield analysis

Good investment rating

6.5% / yr
Monthly payment388 €20% down payment · 20 yrs · 3%
Expected rent472 €at market conditions for the neighbourhood

The rent covers 122% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 15 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▼ 1.7% · 1,490 €
  1. 88,990 €9 May 2026Initial price
  2. 87,500 €▼ 1,490 € (1.7%) 23 July 2026Price reducedCurrent

Property analysis

This apartment is priced 23% below the typical price (the median) for comparable properties — 1,286 €/m² against 1,664 €/m².

2-room apartment in the Izgrev district, Varna, on Prilep St. It is located on the 4th floor of 6 in a building with an elevator.

The layout includes an entrance hall, living room with kitchen area, bedroom, terrace accessible from both rooms, bathroom with toilet, and a closet/laundry room. The aspect is east, providing natural daylight.

The property is in a brick building and is offered as a shell, allowing for finishing according to preference. There is access to parking and controlled entry.

The location is convenient with quick access to main roads, schools, kindergartens, shops, and public services. The area is well developed and offers various amenities.

The property is suitable for investment or living with urban conveniences and sea view.

With 20% down over 20 years the monthly mortgage payment is about 388 €, against an expected local rent of 472 €. The rent covers the whole payment (122%).

The asking price has fallen by 1,490 € (1.7%) since it was first listed.

Source: Market statistics for 2-room apartments in Izgrev

Pros and cons

AI summary
Pros
  • sea view
  • functional layout
  • elevator
  • 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 23% below the average for comparable properties.

  2. Is there still room to negotiate?

    Because: The price has been cut once, by about 2%.

  3. Is there enough daylight during the day?

    Because: The advertised exposure has no southern side.

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

Layout

  • entrance hall
  • living room
  • bedroom
  • terrace
  • bathroom

Amenities

  • Elevator
  • With Parking
  • Access Control
  • Renovated

Exposure

AI summary
EEast

Morning sun, cooler afternoons

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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