Sale

Two-room apartment with yard in Pogrebi, Varna

VarnaPogrebi
Published: 9 July 2026 Updated: 25 September 2026
Sale79,000 €1,410 €/m²
Expected rent1,764 € /mo

~39,500 € BELOW MARKET

good value

against the median for apartments in Pogrebi (8 properties)

Area
56 m²
Land Area
248 m²
Floor
0 / 1
Construction
Brick
Year
1940

Yield analysis

Strong investment rating

26.8% / yr
Monthly payment351 €20% down payment · 20 yrs · 3%
Expected rent1,764 €at market conditions for the neighbourhood

The rent covers 503% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 4 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 about 39,500 € below the typical price (the median) for apartments in Pogrebi (8 properties) — 1,410 €/m² against 2,113 €/m².

The property is a two-room apartment with a yard, located in the Pogrebi district of Varna. It has an area of 56 sq m and is on the ground floor of a brick building from 1940. The internal layout is functional but requires renovation and modernization. The construction is brick, with active electricity and water accounts, providing basic utilities. The Pogrebi district offers good infrastructure, quick access to the city centre, and amenities such as schools and shops. The property is suitable for permanent residence or investment, requiring additional funds for refurbishment.

With 20% down over 20 years the monthly mortgage payment is about 351 €, against an expected local rent of 1,764 €. The rent covers the whole payment (503%).

This property is advertised in 2 offers, all from the same agency. All offers are at the same price. It has been listed for 87 days.

Source: Market statistics for apartments in Pogrebi

Pros and cons

AI summary
Pros
  • functional layout
  • active electricity and water accounts
  • independent access
  • parking possibility
Cons
  • needs renovation
  • 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. Why is this priced below comparable properties? Is there anything that could affect the sale?

    Because: The price per m² is about 33% below the average for comparable properties.

  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. 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.

  4. Have the risers been replaced, and when was the roof last repaired?

    Because: The building dates from 1940 — about 86 years old.

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

Amenities

  • Needs Renovation
  • With Parking

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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