Two-room apartment with panoramic terrace in Vladislav Varnenchik, Varna

This apartment is priced at the typical price (the median) for 2-room apartments in Vladislav Varnenchik 2 (39 properties) — 1,825 €/m² against 1,721 €/m².

The apartment is located in the city of Varna, Vladislavovo district, on the 5th floor of 7 in a prefab panel block. It includes a corridor, living room, bedroom, kitchen with enclosed terrace, bathroom, separate toilet, and panoramic terrace off the living room. The property is in need of renovation, with PVC windows in the kitchen and bedroom, and different flooring in the various rooms. The building is prefab panel from 1980, with an elevator and controlled access; the entrance is well maintained. The location is convenient, close to bus stops, schools, kindergartens, and shops, in one of the fastest developing districts of Varna. The property is suitable for family use considering the infrastructure and amenities in the area.

With 20% down over 20 years the monthly mortgage payment is about 486 €, against an expected local rent of 652 €. The rent covers the whole payment (134%).

The asking price has fallen by 490 € (0.4%) since it was first listed.

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