Three-room apartment with two terraces in the centre of Varna

This apartment is priced at the typical price (the median) for 3-room apartments in Centyr (245 properties) — 2,971 €/m² against 2,846 €/m².

The offered property is a three-room apartment in the city of Varna, in the Municipality area, located on the third floor of a seven-storey brick building. The total floor area is 69 sq m, making it suitable for family living.

The apartment includes an entrance hall, living room, kitchen, bedroom, separate bathroom and toilet, as well as two terraces. The rooms have regular shapes and aspects to the south, east and southeast, providing good natural light.

The building is brick with well-maintained common areas and access control, contributing to the security and comfort of the residents. The apartment also has an adjacent basement storage room.

The location is excellent - in the central part of Varna, with easy access to the Sea Garden, Cathedral and Regional Hospital. Nearby there are a school, kindergarten, bank offices, shops and public transport stops.

The property is suitable both for personal use and as an investment for rental purposes.

With 20% down over 20 years the monthly mortgage payment is about 910 €, against an expected local rent of 884 €. The rent covers 97% of it.

The asking price has fallen by 6,500 € (3.1%) since it was first listed.

Source: Market statistics for 3-room apartments in Centyr