Sale

3-bedroom apartment in Varna, Biznes Hotel

VarnaBiznes Hotel
Published: 2 June 2026 Updated: 1 September 2026
Sale249,000 €2,417 €/m²
Expected rent597 € /mo

~55,500 € ABOVE MARKET

overpriced

against the median for 3-room apartments in Biznes Hotel (129 properties)

Area
103 m²
Floor
2 / 3
Construction
Brick
Year
2001

Yield analysis

Low investment rating

2.9% / yr
Monthly payment1,105 €20% down payment · 20 yrs · 3%
Expected rent597 €at market conditions for the neighbourhood

The rent covers 54% of the payment — you top up about 508 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 35 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▼ 6% · 16,000 €
  1. 265,000 €2 June 2026Initial price
  2. 259,000 €▼ 6,000 € (2.3%) 7 July 2026Price reduced
  3. 259,000 €▲ 0 € (0%) 8 August 2026Price increased
  4. 249,000 €▼ 10,000 € (3.9%) 1 September 2026Price reducedCurrent

Property analysis

This apartment is priced about 55,500 € above the typical price (the median) for 3-room apartments in Biznes Hotel (129 properties) — 2,417 €/m² against 1,878 €/m².

With 20% down over 20 years the monthly mortgage payment is about 1,105 €, against an expected local rent of 597 €. The rent covers 54% of it.

This property is advertised in 2 offers from 2 different sellers. The gap between the cheapest and the dearest is 10,000 €. It has been listed for 123 days. The asking price has fallen by 16,000 € (6%) since it was first listed.

Source: Market statistics for 3-room apartments in Biznes Hotel

Questions for the viewing

Only on imotesa

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

  1. Which price is the real one, and who am I negotiating with?

    Because: The property appears in 2 listings, and the prices differ by about 4%.

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

    Because: The price has been cut 2 times — about 6% below the original asking price.

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

Amenities

  • Internet Connection

Details

Category
Residential
Rooms
3
Bathrooms
2
Furnishing
Yes

Approximate location

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

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