Sale

Bright two-room apartment with separate kitchen in Vladislav Varnenchik

VarnaVladislav Varnenchik 1
Published: 1 February 2026 Updated: 28 September 2026
Sale110,000 €1,774 €/m²
Expected rent410 € /mo

~19,500 € ABOVE MARKET

above market

against the median for 3-room apartments in Vladislav Varnenchik 1 (298 properties)

Area
62 m²
Floor
1 / 7
Construction
Panel
Year
1980

Yield analysis

Fair investment rating

4.5% / yr
Monthly payment488 €20% down payment · 20 yrs · 3%
Expected rent410 €at market conditions for the neighbourhood

The rent covers 84% of the payment — you top up about 78 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 22 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.

Price history

7 changes since listing▼ 7.6% · 9,000 €
  1. 119,000 €5 March 2026Initial price
  2. 119,000 €▲ 0 € (0%) 3 May 2026Price increased
  3. 119,000 €▲ 0 € (0%) 18 May 2026Price increased
  4. 110,000 €▼ 9,000 € (7.6%) 3 June 2026Price reduced
  5. 110,000 €▲ 0 € (0%) 5 June 2026Price increased
  6. 110,000 €▲ 0 € (0%) 10 June 2026Price increased
  7. 110,000 €▲ 0 € (0%) 9 July 2026Price increased
  8. 110,000 €▲ 0 € (0%) 4 August 2026Price increasedCurrent

Property analysis

This apartment is priced about 19,500 € above the typical price (the median) for 3-room apartments in Vladislav Varnenchik 1 (298 properties) — 1,718 €/m² against 1,463 €/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 273 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

Pros and cons

AI summary
Pros
  • functional layout
  • good infrastructure
  • elevator in building
  • separate kitchen
Cons
  • needs renovation
  • prefab panel block
  • ground floor, low level

Questions for the viewing

Only on imotesa

Derived from this specific property's data — not a generic checklist. Take them with you.

  1. Which price is the real one, and who am I negotiating with?

    Because: The property appears in 7 listings, and the prices differ by about 8%.

  2. What feedback have previous viewers given?

    Because: We have been tracking this listing for about 273 days.

  3. Is there still room to negotiate?

    Because: The price has been cut once, by about 8%.

  4. 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.

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

    Because: Prefabricated panel construction.

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
  • kitchen
  • bathroom

Amenities

  • Elevator
  • Access Control
  • With Parking
  • Leasing
  • Tax Credit Option
  • Renovated
  • Needs Renovation
  • Internet Connection

Exposure

AI summary
EEast

Morning sun, cooler afternoons

WWest

Afternoon and evening sun

Details

Category
Residential
Rooms
2
Bathrooms
1
Furnishing
Yes

Approximate location

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

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