Sale

Three-room apartment with two terraces in Center, Varna - Neptun

VarnaCentyr
Published: 10 July 2026 Updated: 7 September 2026
Sale215,000 €2,311 €/m²
Expected rent884 € /mo

~49,500 € BELOW MARKET

good value

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

Area
93 m²
Floor
4 / 5
Construction
Brick
Year
1980

Yield analysis

Fair investment rating

4.9% / yr
Monthly payment954 €20% down payment · 20 yrs · 3%
Expected rent884 €at market conditions for the neighbourhood

The rent covers 93% of the payment — you top up about 70 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 20 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.

Price history

1 change since listing▼ 4.4% · 10,000 €
  1. 225,000 €22 July 2026Initial price
  2. 215,000 €▼ 10,000 € (4.4%) 7 August 2026Price reducedCurrent

Property analysis

This apartment is priced about 49,500 € below the typical price (the median) for 3-room apartments in Centyr (245 properties) — 2,311 €/m² against 2,846 €/m².

Three-room apartment with an area of 93 sq m, located in the Neptun district, Center, Varna. The property is on the fourth floor of five in a brick building from 1980 without an elevator.

The layout includes a living room with a separate kitchenette, two bedrooms, a bathroom, a toilet, a corridor and two terraces. The apartment also has a basement room and an attic room.

The building is brick, built in 1980, with no information on renovations or modern amenities. Heating and other utilities are not specified.

The location is communicative and convenient, close to Varna Municipality, the Archaeological Museum and the central pedestrian zone, making it suitable for living or investment.

The property is suitable for people looking for housing in a central urban environment with a functional layout and additional storage rooms.

With 20% down over 20 years the monthly mortgage payment is about 954 €, against an expected local rent of 884 €. The rent covers 93% of it.

The asking price has fallen by 10,000 € (4.4%) since it was first listed.

Source: Market statistics for 3-room apartments in Centyr

Pros and cons

AI summary
Pros
  • functional layout
  • two terraces
  • basement room
  • central location
Cons
  • no elevator
  • no renovation info
  • no specified amenities

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?

    Because: The price has been cut once, by about 4%.

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

    Because: The building dates from 1980 — about 46 years old.

  4. 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 room
  • bedroom
  • bedroom

Details

Category
Residential
Rooms
3
Bathrooms
1

Approximate location

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

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