Sale

Spacious 2-room apartment with large terrace in Levski 1, Varna

VarnaLevski 1
Published: 5 March 2026 Updated: 8 September 2026
Sale175,990 €1,999 €/m²
Expected rent553 € /mo

AT MARKET LEVEL

fairly priced

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

Area
88 m²
Floor
2 / 5
Construction
Brick
Year
2009

Yield analysis

Low investment rating

3.8% / yr
Monthly payment781 €20% down payment · 20 yrs · 3%
Expected rent553 €at market conditions for the neighbourhood

The rent covers 71% of the payment — you top up about 228 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 27 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.

Price history

2 changes since listing▼ 2.8% · 5,010 €
  1. 181,000 €4 June 2026Initial price
  2. 176,000 €▼ 5,000 € (2.8%) 2 July 2026Price reduced
  3. 175,990 €▼ 10 € (0%) 30 July 2026Price reducedCurrent

Property analysis

This apartment is priced at the typical price (the median) for 2-room apartments in Levski 1 (223 properties) — 1,999 €/m² against 2,000 €/m².

2-room apartment in the district of Levski 1, Varna, located on the 2nd floor of 5 in a brick building from 2009 with an elevator.
The property has a functional layout with a living room and kitchenette (about 28 sq m), bedroom (16 sq m), bathroom with toilet, corridor, and a large terrace of 22 sq m in front of both rooms.
The building is quality brick construction, with an elevator and well-maintained common areas. The property has an east aspect, providing natural light during the day.
The area offers convenient infrastructure with quick access to the city centre, public transport, schools, and shops, suitable for family living.
The apartment is suitable both for personal use and as an investment with ready rental income, thanks to current tenants and the location.

With 20% down over 20 years the monthly mortgage payment is about 781 €, against an expected local rent of 553 €. The rent covers 71% of it.

The asking price has fallen by 5,010 € (2.8%) since it was first listed.

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

Pros and cons

AI summary
Pros
  • functional layout
  • large terrace
  • elevator
  • quality materials
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 3% below the original asking price.

  2. What feedback have previous viewers given?

    Because: We have been tracking this listing for about 211 days.

  3. Is there enough daylight during the day?

    Because: The advertised exposure has no southern side.

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

Layout

  • living room about 28 sq m
  • bedroom about 16 sq m
  • corridor
  • terrace about 22 sq m

Amenities

  • Elevator

Exposure

AI summary
EEast

Morning sun, cooler afternoons

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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