+19% above market
median 2,000 €/m² for comparable properties
155,000 € 2,384 €/m²
Rent covers ~ 80% of the payment
~ 549 €/mo rent · you top up ~ 139 €/mo
Sale149,000 €2,483 €/m²
Expected rent550 € /mo
~30,000 € ABOVE MARKET
overpriced
against the median for 2-room apartments in Levski 1 (67 properties)
Area
60 m²
Floor
5 / 6
Construction
Brick
Year
2021
Heating
Local Heating
Yield analysis
Fair investment rating
Monthly payment661 €20% down payment · 20 yrs · 3%
Expected rent550 €at market conditions for the neighbourhood
The rent covers 83% of the payment — you top up about 111 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 23 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▼ 8.6% · 14,000 €
- 163,000 €
- 158,000 €▼ 5,000 € (3.1%)
- 155,000 €▼ 3,000 € (1.9%)
- 154,800 €▼ 200 € (0.1%)
- 149,000 €▼ 5,800 € (3.7%)
Property analysis
This apartment is priced about 30,000 € above the typical price (the median) for 2-room apartments in Levski 1 (67 properties) — 2,483 €/m² against 1,981 €/m².
Two-room apartment in Varna city, Levski district, located on the 5th floor of 6 in a building with an elevator.
The property has a functional layout with a living room and kitchenette, bedroom, bathroom with toilet, and a spacious terrace.
The building is new, built in 2021 with brick construction, maintained common areas, and video surveillance.
The location offers convenient access to educational institutions, commercial outlets, and public transport.
The property is suitable for living or investment, combining convenience and good infrastructure.
With 20% down over 20 years the monthly mortgage payment is about 661 €, against an expected local rent of 550 €. The rent covers 83% of it.
The asking price has fallen by 14,000 € (8.6%) since it was first listed.
Pros and cons
AI summaryPros
- functional layout
- new building
- elevator
- video surveillance
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 imotesaDerived from this specific property's data — not a generic checklist. Take them with you.
Is there still room to negotiate, and why has it not sold yet?
Because: The price has been cut 4 times — about 9% below the original asking price.
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
Amenities
- Elevator
- Video Surveillance
- Renovated
Details
- Category
- Residential
- Rooms
- 2
- Bathrooms
- 1
- Furnishing
- Yes
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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