Sale

3-room apartment in Center, Varna with two terraces

VarnaCentyr
Published: 12 January 2026 Updated: 2 October 2026
Sale239,000 €2,320 €/m²
Expected rent884 € /mo

~54,000 € BELOW MARKET

good value

against the median for 3-room apartments in Centyr (245 properties)

Area
103 m²
Floor
4 / 5
Construction
Brick
Year
1960

Yield analysis

Fair investment rating

4.4% / yr
Monthly payment1,060 €20% down payment · 20 yrs · 3%
Expected rent884 €at market conditions for the neighbourhood

The rent covers 83% of the payment — you top up about 176 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 23 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% · 9,000 €
  1. 248,000 €9 February 2026Initial price
  2. 240,000 €▼ 8,000 € (3.2%) 7 April 2026Price reduced
  3. 239,000 €▼ 1,000 € (0.4%) 14 July 2026Price reducedCurrent

Property analysis

This apartment is priced about 54,000 € below the typical price (the median) for 3-room apartments in Centyr (245 properties) — 2,320 €/m² against 2,846 €/m².

3-room apartment in Varna city, Center district, near the Historical Museum. The property is located on the 4th floor of 5 in a monolithic concrete building from 1960 with controlled access.

The layout includes an entrance hall, spacious living area, two bedrooms, two terraces, a storage room, bathroom with toilet, and laundry room. The property also includes an adjacent attic space of 13 sq m.

The building is brick with well-maintained common areas. The interior spaces have sunny aspect and high ceilings, with natural parquet flooring.

The location is central, close to the Archaeological Museum and main city amenities. The area offers convenient access to transport and services.

The property is suitable for family use or investment with the possibility to divide into two two-room apartments for rental.

With 20% down over 20 years the monthly mortgage payment is about 1,060 €, against an expected local rent of 884 €. The rent covers 83% of it.

The asking price has fallen by 9,000 € (3.6%) since it was first listed.

Source: Market statistics for 3-room apartments in Centyr

Pros and cons

AI summary
Pros
  • functional layout
  • two terraces
  • high ceilings
  • controlled access
Cons
  • year of construction 1960
  • 4th floor

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 19% 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 2 times — about 4% below the original asking price.

  3. What feedback have previous viewers given?

    Because: We have been tracking this listing for about 264 days.

  4. Have the risers been replaced, and when was the roof last repaired?

    Because: The building dates from 1960 — about 66 years old.

  5. 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

  • entrance hall
  • living area
  • bedroom
  • bedroom
  • terrace
  • terrace
  • storage room
  • laundry room
  • attic space

Amenities

  • Access Control

Details

Category
Residential
Rooms
3
Bathrooms
1

Approximate location

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

Similar properties nearby