Sale

Two-room apartment in Manastirski Rid, Varna, new-build

VarnaManastirski Rid
Published: 10 May 2026 Updated: 1 October 2026
Sale62,000 €1,589 €/m²
Expected rent652 € /mo

~8,000 € BELOW MARKET

good value

against the median for apartments in Manastirski Rid (43 properties)

Area
39 m²
Floor
1 / 4
Construction
Brick
Year
2025

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▼ 1.6% · 1,000 €
  1. 63,000 €2 July 2026Initial price
  2. 62,000 €▼ 1,000 € (1.6%) 7 September 2026Price reducedCurrent

Property analysis

This apartment is priced about 8,000 € below the typical price (the median) for apartments in Manastirski Rid (43 properties) — 1,589 €/m² against 1,797 €/m².

A 2-room apartment in Varna city, Manastirski Rid district. It has a total area of 39 sq m and is located on the first residential floor of a four-storey building. The layout is compact and functional, suitable for permanent living or investment. The building is new-build from 2025, constructed with brick materials and with Act 16, which guarantees completion and legal status. The location offers quick access to public transport, shops, and main roads, as well as proximity to the sea and the Naval Academy. The property is suitable for people seeking peace and convenience near the city.

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%).

This property is advertised in 2 offers, all from the same agency. All offers are at the same price. It has been listed for 146 days. The asking price has fallen by 1,000 € (1.6%) since it was first listed.

Source: Market statistics for apartments in Manastirski Rid

Pros and cons

AI summary
Pros
  • new-build
  • functional layout
  • close to transport
  • brick construction
Cons
  • ground floor

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?

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

  2. Who am I negotiating with, and who is authorised to agree a price?

    Because: The property appears in 2 listings at the same price.

  3. Has Act 16 been issued, and what guarantees cover the common parts?

    Because: The building dates from 2025.

  4. Is there damp, is there enough daylight, and what is the noise like?

    Because: The property is on the first floor.

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

Approximate location

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

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