Sale

Two-room apartment with parking space in Sveti Nikola, Varna

VarnaSveti Nikola
Published: 1 June 2026 Updated: 8 September 2026
Sale99,500 €1,745 €/m²
Expected rent696 € /mo

~13,000 € BELOW MARKET

good value

against the median for 2-room apartments in Sveti Nikola (30 properties)

Area
57 m²
Floor
2 / 4
Construction
Brick
Year
2027

Yield analysis

Strong investment rating

8.4% / yr
Monthly payment441 €20% down payment · 20 yrs · 3%
Expected rent696 €at market conditions for the neighbourhood

The rent covers 158% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 12 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 13,000 € below the typical price (the median) for 2-room apartments in Sveti Nikola (30 properties) — 1,745 €/m² against 1,974 €/m².

Two-room apartment with an area of 57 sq m, located in Varna city, Sveti Nikola area. The property is on the 2nd floor of a new four-storey building with an elevator.

The layout includes a corridor, living room with dining area and kitchen, bedroom, bathroom with toilet, and a yard of 12.5 sq m. The apartment also has a basement room of 3.1 sq m. The aspect is east-facing with views of the sea and the city.

The building is brick, construction has started and completion is expected by the end of 2027. Quality materials have been used, including 5-chamber windows and thermal insulation. The common areas are modern, and the complex features a landscaped yard.

The location offers good access to main roads and is a short distance from Varna city centre. The complex is small and gated, providing additional security and tranquility.

The property is suitable for those seeking new-build with amenities and easy access to urban infrastructure.

With 20% down over 20 years the monthly mortgage payment is about 441 €, against an expected local rent of 696 €. The rent covers the whole payment (158%).

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

Pros and cons

AI summary
Pros
  • gated complex
  • parking space included
  • 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. Has Act 16 been issued, and what guarantees cover the common parts?

    Because: The building dates from 2027.

  2. 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
  • bedroom

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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