Sale

2-bedroom apartment in Varna, Manastirski Rid

VarnaManastirski Rid
Published: 2 May 2026 Updated: 6 September 2026
Sale61,900 €1,587 €/m²
Expected rent652 € /mo

~8,500 € BELOW MARKET

good value

against the median for 2-room apartments in Manastirski Rid (19 properties)

Area
39 m²
Floor
0 / 4
Construction
Brick

Yield analysis

Strong investment rating

12.6% / yr
Monthly payment275 €20% down payment · 20 yrs · 3%
Expected rent652 €at market conditions for the neighbourhood

The rent covers 237% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 8 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.

Price history

1 change since listing▼ 1.7% · 1,050 €
  1. 62,950 €7 July 2026Initial price
  2. 61,900 €▼ 1,050 € (1.7%) 6 September 2026Price reducedCurrent

Property analysis

This apartment is priced about 8,500 € below the typical price (the median) for 2-room apartments in Manastirski Rid (19 properties) — 1,587 €/m² against 1,806 €/m².

With 20% down over 20 years the monthly mortgage payment is about 275 €, against an expected local rent of 652 €. The rent covers the whole payment (237%).

The asking price has fallen by 1,050 € (1.7%) since it was first listed.

Source: Market statistics for 2-room apartments in Manastirski Rid

Questions for the viewing

Only on imotesa

Derived from this specific property's data — not a generic checklist. Take them with you.

  1. Why is this priced below comparable properties? Is there anything that could affect the sale?

    Because: The price per m² is about 12% below the average for comparable properties.

  2. Is there still room to negotiate?

    Because: The price has been cut once, by about 2%.

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

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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