Sale

Two-room apartment with terrace in Levski 1, Varna

VarnaLevski 1
Published: 6 March 2026 Updated: 9 September 2026
Sale193,000 €3,163 €/m²
Expected rent553 € /mo

~71,000 € ABOVE MARKET

overpriced

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

Area
61 m²
Floor
4 / 6
Construction
Brick
Year
2010

Yield analysis

Low investment rating

3.4% / yr
Monthly payment856 €20% down payment · 20 yrs · 3%
Expected rent553 €at market conditions for the neighbourhood

The rent covers 65% of the payment — you top up about 303 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 29 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.

Price history

3 changes since listing▼ 6.8% · 14,000 €
  1. 207,000 €6 March 2026Initial price
  2. 197,000 €▼ 10,000 € (4.8%) 18 May 2026Price reduced
  3. 188,000 €▼ 9,000 € (4.6%) 1 June 2026Price reduced
  4. 193,000 €▲ 5,000 € (2.7%) 1 July 2026Price increasedCurrent

Property analysis

This apartment is priced about 71,000 € above the typical price (the median) for 2-room apartments in Levski 1 (223 properties) — 3,163 €/m² against 2,000 €/m².

The offered property is a two-room apartment in the Levski 1 district, city of Varna.
The apartment features a spacious living area with kitchen, bedroom, terrace accessible from both rooms, entrance hall with built-in wardrobe, storage room, and bathroom.
The building is brick, built in 2010, with an elevator and well-maintained common areas. The property is on the 4th floor of 6.
The location is convenient, close to kindergartens, schools, universities, shops, restaurants, and public transport stops.
This apartment is suitable for people seeking functional layout and amenities in a central urban environment.

With 20% down over 20 years the monthly mortgage payment is about 856 €, against an expected local rent of 553 €. The rent covers 65% of it.

The asking price has fallen by 14,000 € (6.8%) since it was first listed.

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

Pros and cons

AI summary
Pros
  • functional layout
  • terrace accessible from both rooms
  • brick construction
  • elevator
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 2 times — about 7% below the original asking price.

  2. What feedback have previous viewers given?

    Because: We have been tracking this listing for about 210 days.

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

    Because: The property is on floor 4 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

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

Details

Category
Residential
Rooms
2

Approximate location

The exact address hasn't been published by the seller — the map shows the neighbourhood.

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