Sale

Two-room apartment on 1st floor in Levski, Varna

VarnaLevski 1
Published: 5 August 2026 Updated: 5 August 2026
Sale119,900 €2,398 €/m²
Expected rent553 € /mo

~20,000 € ABOVE MARKET

above market

against the median for 2-room apartments in Levski 1 (223 properties)

Area
50 m²
Floor
1 / 17
Construction
EPC
Year
1970

Yield analysis

Fair investment rating

5.5% / yr
Monthly payment532 €20% down payment · 20 yrs · 3%
Expected rent553 €at market conditions for the neighbourhood

The rent covers 104% 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.

Property analysis

This apartment is priced about 20,000 € above the typical price (the median) for 2-room apartments in Levski 1 (223 properties) — 2,398 €/m² against 2,000 €/m².

Two-room apartment with an area of 50 sq m, located in the Levski district of Varna. The property is on the first floor of a 17-storey building.

The layout includes an entrance hall, two rooms, terrace, bathroom, and laundry room, with a basement storage room also available.

The building was constructed in 1970 with prefab panel (EPK) structure, the common areas are maintained, there are four elevators and a private children's playground.

The location offers convenient access to the Technical University, St. Marina Medical Centre, public transport stops, schools and supermarkets.

The property is suitable for renovation and customization according to the buyer's needs, and can be used both for personal use or as a rental investment.

With 20% down over 20 years the monthly mortgage payment is about 532 €, against an expected local rent of 553 €. The rent covers the whole payment (104%).

Source: Market statistics for 2-room apartments in Levski 1

Pros and cons

AI summary
Pros
  • functional layout
  • close to transport
  • renovation option
Cons
  • needs renovation
  • ground floor

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.

  2. Is there damp, is there enough daylight, and what is the noise like?

    Because: The property is on the first floor.

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

Layout

  • entrance hall
  • room
  • room
  • terrace
  • bathroom
  • laundry room

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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