Sale−14% below market

Three-room apartment with terrace in Briz, Varna, new-build

VarnaBriz
Published: 26 February 2026 Updated: 9 September 2026
Sale205,000 €1,933 €/m²
Expected rent614 € /mo
Area
106 m²
Floor
2 / 10
Construction
Brick
Year
2023

Yield analysis

Low investment rating

3.6% / yr
Monthly payment910 €20% down payment · 20 yrs · 3%
Expected rent614 €at market conditions for the neighbourhood

The rent covers 68% of the payment — you top up about 296 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 28 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▼ 35.9% · 115,000 €
  1. 320,000 €26 February 2026Initial price
  2. 280,000 €▼ 40,000 € (12.5%) 3 June 2026Price reduced
  3. 280,000 €▲ 0 € (0%) 10 July 2026Price increased
  4. 205,000 €▼ 75,000 € (26.8%) 30 July 2026Price reducedCurrent

Property analysis

This apartment is priced 14% below the typical price (the median) for comparable properties — 2,228 €/m² against 2,574 €/m².

Three-room apartment in Varna city, Briz district, part of the new Panorama Park complex. The property has a floor area of 106 sq m and is located on the second floor of a ten-storey building. The layout includes an entrance hall, spacious living room with access to a terrace, two separate bedrooms, laundry room, bathroom and toilet. The building is brick, built in 2023, with an elevator and modern amenities such as video surveillance and access control. The location is in a quiet area with easy access to Varna city centre and main road arteries. The property is suitable for families seeking comfort and security in a gated complex.

With 20% down over 20 years the monthly mortgage payment is about 910 €, against an expected local rent of 614 €. The rent covers 68% of it.

This property is advertised in 2 offers from 2 different sellers. The gap between the cheapest and the dearest is 75,000 €. It has been listed for 218 days. The asking price has fallen by 115,000 € (35.9%) since it was first listed.

Source: Market statistics for 3-room apartments in Briz

Pros and cons

AI summary
Pros
  • functional layout
  • southeast aspect
  • new-build
  • garage and parking space
Cons
  • ground floor
  • 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. 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 27%.

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

    Because: The price per m² is about 14% below the average for comparable properties.

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

    Because: The price has been cut 2 times — about 36% 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.

Layout

  • entrance hall
  • living room
  • bedroom
  • bedroom
  • laundry room
  • bathroom
  • toilet

Amenities

  • Elevator
  • With Parking
  • Video Surveillance
  • Access Control
  • Security
  • Gated Community

Details

Category
Residential
Rooms
3
Bathrooms
1
Furnishing
Yes

Approximate location

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

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