Sale

Three-room apartment with sea view in Briz, Varna

VarnaBriz
Published: 9 April 2026 Updated: 8 September 2026
Sale195,000 €1,950 €/m²
Expected rent964 € /mo

~37,500 € BELOW MARKET

good value

against the median for 3-room apartments in Briz (334 properties)

Area
100 m²
Floor
4 / 5
Construction
Brick
Year
2015

Yield analysis

Fair investment rating

5.9% / yr
Monthly payment865 €20% down payment · 20 yrs · 3%
Expected rent964 €at market conditions for the neighbourhood

The rent covers 111% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 17 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.

Price history

2 changes since listing▲ 3.6% · 7,500 €
  1. 205,500 €9 April 2026Initial price
  2. 195,000 €▼ 10,500 € (5.1%) 1 August 2026Price reduced
  3. 213,000 €▲ 18,000 € (9.2%) 1 August 2026Price increasedCurrent

Property analysis

This apartment is priced about 37,500 € below the typical price (the median) for 3-room apartments in Briz (334 properties) — 1,950 €/m² against 2,325 €/m².

The offered property is a three-room apartment with an area of about 100 sq m, located in the Briz district, Varna. The layout includes a bright living area with a kitchen section and two bedrooms, one of which has access to a balcony. The apartment has two bathrooms, one with a shower cabin. The residence is on the fourth floor of five, without an elevator, featuring a panoramic terrace and sea view. The building is brick, built in 2015, with controlled access and parking. The location is close to schools and offers convenient transport to all parts of the city. The property is suitable both for permanent living and for renting out, considering the lack of an elevator as a factor in the price.

With 20% down over 20 years the monthly mortgage payment is about 865 €, against an expected local rent of 964 €. The rent covers the whole payment (111%).

The asking price has risen by 7,500 € (3.6%) since it was first listed.

Source: Market statistics for 3-room apartments in Briz

Pros and cons

AI summary
Pros
  • sea view
  • functional layout
  • controlled access
  • parking
Cons
  • no elevator

Questions for the viewing

Only on imotesa

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

  1. What changed since the listing went up — a renovation, paperwork, something else?

    Because: The price is about 4% higher than when it was first advertised.

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

    Because: The price per m² is about 16% below the average for comparable properties.

  3. Is there a lift in the building, and what condition is it in?

    Because: The property is on floor 4 and the listing does not mention a lift.

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

Layout

  • living area
  • bedroom
  • bedroom

Amenities

  • With Parking
  • Access Control
  • Gated Community

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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