Two-room apartment with terrace in Kaisieva Gradina, Varna

This apartment is priced about 13,000 € above the typical price (the median) for 2-room apartments in Kaisieva Gradina (191 properties) — 1,810 €/m² against 1,588 €/m².

Two-room apartment with an area of 58 sq m, located in the district of Kaisieva Gradina, Varna. The property is situated on the 5th floor of a total of 9 in a prefab panel block from 1980.

The layout includes a living room, walk-through bedroom, kitchen, corridor, shared bathroom and terrace in front of the living room. The apartment has walk-through rooms and an east-south aspect, providing good natural light.

The building is prefab panel construction with an elevator and access control. The entrance window frames have been replaced, but the apartment needs renovation. There is no district heating; heating is likely by local appliances.

The location offers conveniences such as proximity to a supermarket, playground and parking in the surrounding block area. The area is urbanised and suitable for families.

The property is suitable for buyers looking for a functional family home with the possibility to renovate and adapt according to personal needs.

With 20% down over 20 years the monthly mortgage payment is about 466 €, against an expected local rent of 498 €. The rent covers the whole payment (107%).

Source: Market statistics for 2-room apartments in Kaisieva Gradina