Sale

Two-room apartment in Kumina, Varna with elevator

VarnaVladislav Varnenchik 1
Published: 10 June 2026 Updated: 7 September 2026
Sale159,000 €2,890 €/m²
Expected rent512 € /mo

~61,000 € ABOVE MARKET

overpriced

against the median for 2-room apartments in Vladislav Varnenchik 1 (185 properties)

Area
55 m²
Floor
3 / 5
Construction
Brick
Year
2010

Yield analysis

Low investment rating

3.9% / yr
Monthly payment705 €20% down payment · 20 yrs · 3%
Expected rent512 €at market conditions for the neighbourhood

The rent covers 73% of the payment — you top up about 193 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 26 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 61,000 € above the typical price (the median) for 2-room apartments in Vladislav Varnenchik 1 (185 properties) — 3,000 €/m² against 1,786 €/m².

The apartment is located in the Kumina district, Varna, at 1 Vladislav Varnenchik St. It has two rooms and a total area of 55 sq m. The internal layout is functional, with separate rooms and convenient access. The building is brick, built in 2010, with an elevator and well-maintained common areas. The property has internet access and controlled entry, providing additional security. The location is convenient, with quick access to public transport, kindergartens, schools, parks, and retail outlets. This makes the property suitable both for living and for renting out. The overall characteristics show a balanced property with good functionality and amenities.

With 20% down over 20 years the monthly mortgage payment is about 705 €, against an expected local rent of 512 €. The rent covers 73% of it.

Source: Market statistics for 2-room apartments in Vladislav Varnenchik 1

Pros and cons

AI summary
Pros
  • functional layout
  • elevator
  • good location
  • internet
Cons

We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.

Amenities

  • Elevator
  • Internet Connection
  • Access Control
  • Renovated
  • Tax Credit Option

Details

Category
Residential
Rooms
2
Furnishing
Yes

Approximate location

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

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