Sale

2-bedroom apartment in Varna, Vladislav Varnenchik 2

VarnaVladislav Varnenchik 2
Published: 5 January 2026 Updated: 9 September 2026
Sale32,000 €761 €/m²
Expected rent652 € /mo

~40,000 € BELOW MARKET

far below market

against the median for 2-room apartments in Vladislav Varnenchik 2 (39 properties)

A price this far below the market usually has a reason the listing does not mention — encumbrances or an error in the ad.

Area
42 m²
Floor
9 / 9
Construction
Panel
Year
1980

Yield analysis

Strong investment rating

24.4% / yr
Monthly payment142 €20% down payment · 20 yrs · 3%
Expected rent652 €at market conditions for the neighbourhood

The rent covers 459% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 4 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▼ 8.6% · 3,000 €
  1. 35,000 €10 March 2026Initial price
  2. 30,000 €▼ 5,000 € (14.3%) 11 March 2026Price reduced
  3. 35,000 €▲ 5,000 € (16.7%) 8 May 2026Price increased
  4. 32,000 €▼ 3,000 € (8.6%) 5 June 2026Price reducedCurrent

Property analysis

This apartment is priced about 40,000 € below the typical price (the median) for 2-room apartments in Vladislav Varnenchik 2 (39 properties) — 761 €/m² against 1,718 €/m². A price this far below the market usually has a reason the listing does not mention — encumbrances or an error in the ad.

With 20% down over 20 years the monthly mortgage payment is about 142 €, against an expected local rent of 652 €. The rent covers the whole payment (459%).

The asking price has fallen by 3,000 € (8.6%) since it was first listed.

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

Questions for the viewing

Only on imotesa

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

  1. Why is this priced below comparable properties? Is there anything that could affect the sale?

    Because: The price per m² is about 56% below the average for comparable properties.

  2. Is there still room to negotiate, and why has it not sold yet?

    Because: The price has been cut 2 times — about 9% below the original asking price.

  3. What feedback have previous viewers given?

    Because: We have been tracking this listing for about 271 days.

  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.

Amenities

  • Video Surveillance
  • Access Control

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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