Sale

Two-room apartment 56 sq m in Vladislav Varnenchik, with elevator

VarnaVladislav Varnenchik 1
Published: 10 September 2026 Updated: 10 September 2026
Sale69,900 €1,248 €/m²
Expected rent410 € /mo

~14,000 € BELOW MARKET

good value

against the median for 2-room apartments in Vladislav Varnenchik 1 (337 properties)

Area
56 m²
Floor
3 / 8
Construction
Panel
Year
1980

Yield analysis

Good investment rating

7% / yr
Monthly payment310 €20% down payment · 20 yrs · 3%
Expected rent410 €at market conditions for the neighbourhood

The rent covers 132% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 14 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 14,000 € below the typical price (the median) for 2-room apartments in Vladislav Varnenchik 1 (337 properties) — 1,248 €/m² against 1,499 €/m².

2-room apartment in Varna city, Vladislav Varnenchik district. It is located on the third floor of an eight-storey prefab panel building with an elevator.

The apartment includes a hallway, living room with kitchenette, bedroom, bathroom and balcony, providing a functional layout for everyday needs.

The building was constructed in 1980, and the apartment has been fully renovated with new PVC windows, flooring and updated bathroom. Heating is not specified, but there is an elevator and an adjacent basement storage room.

The district is urbanized with good infrastructure and access to city services and transport.

Suitable for a family or couple seeking a home with updated interior and conveniences in an urban environment.

With 20% down over 20 years the monthly mortgage payment is about 310 €, against an expected local rent of 410 €. The rent covers the whole payment (132%).

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

Pros and cons

AI summary
Pros
  • functional layout
  • elevator
  • full renovation
  • adjacent basement storage
Cons
  • prefab panel construction
  • east aspect

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 17% below the average for comparable properties.

  2. Has the block been insulated under the renovation programme, and is there paperwork for it?

    Because: Prefabricated panel construction.

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

    Because: The building dates from 1980 — about 46 years old.

  4. 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.

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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