Bright two-room apartment with separate kitchen in Vladislav Varnenchik

This apartment is priced about 19,500 € above the typical price (the median) for 3-room apartments in Vladislav Varnenchik 1 (297 properties) — 1,718 €/m² against 1,459 €/m².

This two-room apartment is located in Varna, in the Vladislav Varnenchik 1 district. The property has a floor area of 62 sq m and is situated on the first high floor of a prefab panel block from 1980 with an elevator.

The layout includes a spacious living room with a terrace, an independent bedroom, a separate kitchen with an enclosed terrace, a bathroom with toilet, and a basement storage room. The separate kitchen is convenient for those who prefer clearly defined spaces.

The building is prefab panel, with maintained common areas and an elevator, which contributes to the comfort of the residents. The apartment is in need of renovation, offering an opportunity for personalization.

The area has good infrastructure, including shops, schools, and public transport stops, with easy access to the centre of Varna. This makes it suitable both for families and young people seeking peace and convenience.

The property offers a practical layout and potential for improvement in an established residential neighbourhood.

With 20% down over 20 years the monthly mortgage payment is about 488 €, against an expected local rent of 410 €. The rent covers 84% of it.

This property is advertised in 7 offers from 7 different sellers. The gap between the cheapest and the dearest is 9,000 €. It has been listed for 274 days. The asking price has fallen by 9,000 € (7.6%) since it was first listed.

Source: Market statistics for 3-room apartments in Vladislav Varnenchik 1