Sale

2-room apartment in Vladislav Varnenchik with terrace

VarnaVladislav Varnenchik 1
Published: 4 May 2026 Updated: 2 September 2026
Sale113,000 €1,883 €/m²
Expected rent410 € /mo

~23,000 € ABOVE MARKET

overpriced

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

Area
60 m²
Floor
1 / 8
Construction
Panel

Yield analysis

Fair investment rating

4.4% / yr
Monthly payment501 €20% down payment · 20 yrs · 3%
Expected rent410 €at market conditions for the neighbourhood

The rent covers 82% of the payment — you top up about 91 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 23 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 23,000 € above the typical price (the median) for 2-room apartments in Vladislav Varnenchik 1 (337 properties) — 1,883 €/m² against 1,499 €/m².

The apartment is located in the city of Varna, Vladislav Varnenchik residential complex, building 7. It features a functional layout of 60 sq m, including a living room with access to a terrace, a kitchen with an enclosed terrace, a large bedroom, and a combined bathroom. The property is on the first floor of a prefab panel block with an elevator and controlled access. The construction is prefab panel, and the apartment needs renovation but has partial improvements such as replaced window frames in the kitchen, laminate flooring in the living room, and air conditioning. The area has convenient infrastructure, close to public transport stops, schools, kindergartens, and shops. The property is suitable for family use with good connection to the city centre and nearby amenities.

With 20% down over 20 years the monthly mortgage payment is about 501 €, against an expected local rent of 410 €. The rent covers 82% of it.

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

Pros and cons

AI summary
Pros
  • functional layout
  • terrace
  • elevator
  • controlled access
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. 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.

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

    Because: Prefabricated panel construction.

  3. Is there damp, is there enough daylight, and what is the noise like?

    Because: The property is on the first floor.

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

Layout

  • living room
  • kitchen
  • bedroom

Amenities

  • Elevator
  • Access Control
  • Needs Renovation

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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