Sale

Two-room apartment 60 sq m in Vladislav Varnenchik with terrace

VarnaVladislav Varnenchik 2
Published: 2 June 2026 Updated: 16 September 2026
Sale125,000 €2,083 €/m²
Expected rent652 € /mo

~22,000 € ABOVE MARKET

overpriced

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

Area
60 m²
Floor
5 / 8
Construction
Panel
Year
1980

Yield analysis

Good investment rating

6.3% / yr
Monthly payment555 €20% down payment · 20 yrs · 3%
Expected rent652 €at market conditions for the neighbourhood

The rent covers 118% 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 22,000 € above the typical price (the median) for 2-room apartments in Vladislav Varnenchik 2 (39 properties) — 2,083 €/m² against 1,718 €/m².

The apartment is located in the city of Varna, Vladislav Varnenchik district. It features a living room, bedroom, kitchen, bathroom with toilet, and a terrace with east-west aspect. The property is on the 5th floor of 8 in a prefab panel building with an elevator. The construction dates from 1980, with partial replacement of the window frames in the living room and kitchen. The area is well connected, close to shops, schools, kindergartens, and green spaces. Free parking around the building adds to the convenience for residents. The property requires renovation, allowing for personalized updating. It is suitable both as a family home and as an investment given the location and functionality.

With 20% down over 20 years the monthly mortgage payment is about 555 €, against an expected local rent of 652 €. The rent covers the whole payment (118%).

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

Pros and cons

AI summary
Pros
  • functional layout
  • east-west aspect
  • elevator
  • close to schools and shops
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. 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.

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

    Because: Prefabricated panel construction.

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

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

  4. Is there enough daylight during the day?

    Because: The advertised exposure has no southern side.

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

Amenities

  • Elevator
  • Needs Renovation

Exposure

AI summary
EEast

Morning sun, cooler afternoons

WWest

Afternoon and evening sun

Details

Category
Residential
Rooms
2
Bathrooms
1

Approximate location

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

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