Sale

Two-room apartment with terrace in Vladislav Varnenchik, Varna

VarnaVladislav Varnenchik 1
Published: 6 January 2026 Updated: 2 October 2026
Sale152,000 €2,235 €/m²
Expected rent410 € /mo

~50,000 € ABOVE MARKET

overpriced

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

Area
68 m²
Floor
3 / 8
Construction
Panel
Year
1980

Yield analysis

Low investment rating

3.2% / yr
Monthly payment674 €20% down payment · 20 yrs · 3%
Expected rent410 €at market conditions for the neighbourhood

The rent covers 61% of the payment — you top up about 264 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 31 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.

Price history

3 changes since listing▼ 3.2% · 5,000 €
  1. 157,000 €9 July 2026Initial price
  2. 157,000 €▲ 0 € (0%) 14 July 2026Price increased
  3. 152,000 €▼ 5,000 € (3.2%) 5 August 2026Price reduced
  4. 152,000 €▲ 0 € (0%) 5 August 2026Price increasedCurrent

Property analysis

This apartment is priced about 50,000 € above the typical price (the median) for 2-room apartments in Vladislav Varnenchik 1 (337 properties) — 2,235 €/m² against 1,499 €/m².

Apartment with two rooms in the district of Vladislav Varnenchik in the city of Varna. It features a kitchen with an enclosed terrace, a living room with a terrace, and a bedroom, as well as a bathroom with toilet and corridor. The layout is functional and suitable for family use. The property is in a prefab panel block from 1980, on the third of eight floors, with an elevator and well-maintained common areas. A full renovation has been carried out, including window replacement and external insulation. The location is close to the centre of the district, with convenient access to shops, schools, kindergartens, and public transport. The apartment offers views of Varna Lake and parking options around the block. The property is suitable for bank mortgage financing and family use.

With 20% down over 20 years the monthly mortgage payment is about 674 €, against an expected local rent of 410 €. The rent covers 61% of it.

This property is advertised in 2 offers, all from the same agency. All offers are at the same price. It has been listed for 270 days. The asking price has fallen by 5,000 € (3.2%) since it was first listed.

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

Pros and cons

AI summary
Pros
  • functional layout
  • elevator
  • full renovation
  • parking space
Cons

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

Questions for the viewing

Only on imotesa

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

  1. What feedback have previous viewers given?

    Because: We have been tracking this listing for about 270 days.

  2. Is there still room to negotiate?

    Because: The price has been cut once, by about 3%.

  3. Who am I negotiating with, and who is authorised to agree a price?

    Because: The property appears in 2 listings at the same price.

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

    Because: Prefabricated panel construction.

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

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

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

Layout

  • kitchen
  • living room
  • bedroom

Amenities

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

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.

Similar properties nearby