Sale

Two-room apartment with terrace in Sveti Nikola, Varna

VarnaSveti Nikola
Published: 10 August 2026 Updated: 23 September 2026
Sale129,900 €2,706 €/m²
Expected rent558 € /mo

~35,500 € ABOVE MARKET

overpriced

against the median for 2-room apartments in Sveti Nikola (37 properties)

Area
48 m²
Floor
3 / 4
Construction
Brick
Year
2011

Yield analysis

Fair investment rating

5.2% / yr
Monthly payment576 €20% down payment · 20 yrs · 3%
Expected rent558 €at market conditions for the neighbourhood

The rent covers 97% of the payment — you top up about 18 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 19 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▼ 8.5% · 12,000 €
  1. 141,900 €11 August 2026Initial price
  2. 129,900 €▼ 12,000 € (8.5%) 28 August 2026Price reducedCurrent

Property analysis

This apartment is priced about 35,500 € above the typical price (the median) for 2-room apartments in Sveti Nikola (37 properties) — 2,706 €/m² against 1,967 €/m².

2-room apartment in Varna city, Sveti Nikola district, located on the third floor of a four-storey brick building.

The layout includes a living room with kitchenette, bedroom, bathroom with toilet, laundry room and terrace, providing convenience and functionality.

The building was constructed in 2011, with an elevator and a shared sauna available, and the property is in good condition offering ready-to-move-in furnishings.

The location is quiet and preferred, close to natural areas and provides parking options for the property.

A suitable choice for personal use or investment, combining comfort and practicality near nature.

With 20% down over 20 years the monthly mortgage payment is about 576 €, against an expected local rent of 558 €. The rent covers 97% of it.

This property is advertised in 2 offers, all from the same agency. All offers are at the same price. It has been listed for 53 days. The asking price has fallen by 12,000 € (8.5%) since it was first listed.

Source: Market statistics for 2-room apartments in Sveti Nikola

Pros and cons

AI summary
Pros
  • functional layout
  • elevator
  • terrace
  • brick construction
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?

    Because: The price has been cut once, by about 8%.

  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.

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

Layout

  • living room
  • bedroom
  • bathroom
  • laundry room
  • corridor
  • terrace

Amenities

  • Elevator

Details

Category
Residential
Rooms
2
Bathrooms
1
Furnishing
Yes

Approximate location

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

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