+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
Sale129,900 €2,129 €/m²
Expected rent549 € /mo
AT MARKET LEVEL
fairly priced
against the median for 2-room apartments in Levski 1 (219 properties)
Area
61 m²
Floor
4 / 8
Construction
Panel
Yield analysis
Fair investment rating
Monthly payment576 €20% down payment · 20 yrs · 3%
Expected rent549 €at market conditions for the neighbourhood
The rent covers 95% of the payment — you top up about 27 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 20 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 at the typical price (the median) for 2-room apartments in Levski 1 (219 properties) — 2,129 €/m² against 2,000 €/m².
Apartment with two rooms in the Levski district, Varna. The property is located on the fourth floor of an eight-storey prefab panel building with an elevator and access control.
The layout includes a separate kitchen, living room, bedroom, bathroom with toilet combined, and two terraces. The rooms are separate, providing convenience in use.
The building is prefab panel construction, the apartment has replaced window frames and external insulation but needs renovation. All basic amenities such as an elevator and access control are available.
The location offers good transport connections and proximity to shops, schools, university, and restaurants. The area is preferred for living and investment.
The property is suitable for people looking for a functional home in the central part of Varna with the possibility to renovate according to personal preferences.
With 20% down over 20 years the monthly mortgage payment is about 576 €, against an expected local rent of 549 €. The rent covers 95% of it.
Pros and cons
AI summaryPros
- two terraces
- access control
- elevator
- good location
Cons
- needs renovation
Questions for the viewing
Only on imotesaDerived from this specific property's data — not a generic checklist. Take them with you.
What is the scope of the work, and are there hidden problems with the wiring or plumbing?
Because: The listing states that the property needs renovation.
Has the block been insulated under the renovation programme, and is there paperwork for it?
Because: Prefabricated panel construction.
Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.
Amenities
- Elevator
- Access Control
- Needs Renovation
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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