+43% above market
median 2,500 €/m² for comparable properties
412,000 € 3,582 €/m²
Rent covers ~ 55% of the payment
~ 1,001 €/mo rent · you top up ~ 827 €/mo
Sale195,000 €3,145 €/m²
Expected rent980 € /mo
AT MARKET LEVEL
fairly priced
against the median for 3-room apartments in Centyr (52 properties)
Area
62 m²
Floor
2 / 3
Construction
Brick
Year
1950
Yield analysis
Good investment rating
Monthly payment865 €20% down payment · 20 yrs · 3%
Expected rent980 €at market conditions for the neighbourhood
The rent covers 113% 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▲ 0% · 0 €
- 195,000 €
- 198,000 €▲ 3,000 € (1.5%)
- 195,000 €▼ 3,000 € (1.5%)
Property analysis
This apartment is priced at the typical price (the median) for 3-room apartments in Centyr (52 properties) — 3,145 €/m² against 3,261 €/m².
Three-room apartment in Varna city, Centre district. The property has a floor area of 62 sq m and is located on the second floor of a three-storey building.
The layout includes a living room, bedroom, and kitchen, allowing for full renovation and the possibility of reconfiguration according to needs.
The building is brick, built in 1950, and the property requires complete renovation and updating of installations. The apartment includes an adjoining basement with an area of 10 sq m.
The location is central, close to the pedestrian zone, shops, and eateries, providing convenient access to urban infrastructure.
Suitable for those seeking a property in the centre with investment potential or for personal use after renovation.
With 20% down over 20 years the monthly mortgage payment is about 865 €, against an expected local rent of 980 €. The rent covers the whole payment (113%).
This property is advertised in 2 offers, all from the same agency. All offers are at the same price. It has been listed for 26 days.
Pros and cons
AI summaryPros
- central location
- basement included
- potential for reconfiguration
Cons
- needs full renovation
- old construction
Questions for the viewing
Only on imotesaDerived from this specific property's data — not a generic checklist. Take them with you.
Who am I negotiating with, and who is authorised to agree a price?
Because: The property appears in 2 listings at the same price.
Have the risers been replaced, and when was the roof last repaired?
Because: The building dates from 1950 — about 76 years old.
Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.
Layout
- living room
- bedroom
- kitchen
Details
- Category
- Residential
- Rooms
- 3
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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