Sale

Three-room apartment with large terrace in Kaisieva gradina, Varna

VarnaKaisieva Gradina
Published: 5 January 2026 Updated: 8 September 2026
Sale168,000 €430 €/m²
Expected rent539 € /mo

~392,000 € BELOW MARKET

far below market

against the median for 3-room apartments in Kaisieva Gradina (283 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
390 m²
Floor
9 / 9
Construction
Brick
Year
2026

Yield analysis

Low investment rating

3.9% / yr
Monthly payment745 €20% down payment · 20 yrs · 3%
Expected rent539 €at market conditions for the neighbourhood

The rent covers 72% of the payment — you top up about 206 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 26 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.

Price history

10 changes since listing▼ 1.2% · 2,000 €
  1. 170,000 €25 January 2026Initial price
  2. 167,000 €▼ 3,000 € (1.8%) 4 April 2026Price reduced
  3. 172,000 €▲ 5,000 € (3%) 16 May 2026Price increased
  4. 170,000 €▼ 2,000 € (1.2%) 25 May 2026Price reduced
  5. 169,000 €▼ 1,000 € (0.6%) 17 June 2026Price reduced
  6. 165,000 €▼ 4,000 € (2.4%) 9 July 2026Price reduced
  7. 179,000 €▲ 14,000 € (8.5%) 30 July 2026Price increased
  8. 175,000 €▼ 4,000 € (2.2%) 10 August 2026Price reduced
  9. 170,000 €▼ 5,000 € (2.9%) 20 August 2026Price reduced
  10. 165,000 €▼ 5,000 € (2.9%) 30 August 2026Price reduced
  11. 168,000 €▲ 3,000 € (1.8%) 8 September 2026Price increasedCurrent

Property analysis

This apartment is priced about 392,000 € below the typical price (the median) for 3-room apartments in Kaisieva Gradina (283 properties) — 430 €/m² against 1,436 €/m². A price this far below the market usually has a reason the listing does not mention — encumbrances or an error in the ad.

The apartment is located in the city of Varna, Kaisieva gradina district, on Treti Mart Blvd. The property is part of a new-build building with an expected completion year of 2026.

The layout includes 3 rooms and a large 300 sq m terrace, offering a 360-degree panoramic view. The interior space is 98 sq m and allows for various functional solutions.

The building is brick, with an elevator, video surveillance, and access control. The common areas are planned to be luxurious, and the property is under construction with the possibility for customization.

The location is convenient, close to major grocery chains, schools, kindergartens, and public transport. New commercial and healthcare facilities are developing in the area, contributing to convenience for daily needs.

The property is suitable for people seeking a spacious apartment with options for additional outdoor space arrangement and easy access to urban infrastructure.

With 20% down over 20 years the monthly mortgage payment is about 745 €, against an expected local rent of 539 €. The rent covers 72% of it.

The asking price has fallen by 2,000 € (1.2%) since it was first listed.

Source: Average prices for 3-room apartments in Kaisieva Gradina

Pros and cons

AI summary
Pros
  • large terrace
  • panoramic view
  • new-build
  • elevator and video surveillance
Cons
  • top floor
  • under construction

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 70% 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 7 times — about 1% below the original asking price.

  3. What feedback have previous viewers given?

    Because: We have been tracking this listing for about 274 days.

  4. Has Act 16 been issued, and what guarantees cover the common parts?

    Because: The building dates from 2026.

  5. What condition is the roof in, and does it overheat in summer?

    Because: The property is on the top floor.

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

Layout

  • bedroom 98 sq m

Amenities

  • Elevator
  • Video Surveillance
  • Access Control
  • Renovated

Details

Category
Residential
Rooms
3

Location

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