Sale

2-room apartment with terrace in Varna, Vladislav Varnenchik

VarnaVladislav Varnenchik 2
Published: 1 August 2026 Updated: 1 August 2026
Sale87,000 €2,175 €/m²
Expected rent446 € /mo

~24,000 € ABOVE MARKET

overpriced

against the median for 1-room apartments in Vladislav Varnenchik 2 (42 properties)

Area
40 m²
Floor
5 / 14
Construction
EPC
Year
1980

Yield analysis

Good investment rating

6.1% / yr
Monthly payment386 €20% down payment · 20 yrs · 3%
Expected rent446 €at market conditions for the neighbourhood

The rent covers 116% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 16 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 24,000 € above the typical price (the median) for 1-room apartments in Vladislav Varnenchik 2 (42 properties) — 2,175 €/m² against 1,571 €/m².

2-room apartment in the Vladislav Varnenchik residential complex, Varna, located on the 5th floor of 14 in an EPK prefab building.

The layout includes an entrance hall, living room, kitchen, terrace, and combined bathroom, providing basic functionality and potential for reconfiguration.

The building dates from 1980, constructed with EPK prefab panels, with an elevator and basic amenities such as internet and video surveillance. The apartment requires renovation.

The location offers a panoramic view of Varna Lake and is part of an established residential area with access to urban infrastructure.

The property is suitable for use as a private home or as an investment for rental purposes.

With 20% down over 20 years the monthly mortgage payment is about 386 €, against an expected local rent of 446 €. The rent covers the whole payment (116%).

This property is advertised in 4 offers, all from the same agency. All offers are at the same price. It has been listed for 62 days.

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

Pros and cons

AI summary
Pros
  • south aspect
  • terrace
  • elevator
  • panoramic view
Cons
  • needs renovation

Questions for the viewing

Only on imotesa

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

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

    Because: The property appears in 4 listings at the same price.

  2. 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.

  3. 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

  • entrance hall
  • living room
  • kitchen
  • terrace
  • bathroom

Amenities

  • Elevator
  • Internet Connection
  • Video Surveillance
  • Access Control
  • Needs Renovation

Exposure

AI summary
SSouth

Maximum sunlight throughout the day

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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