Sale−14% below market

Three-room apartment with two terraces in Center, Varna

VarnaCentyr
Published: 17 June 2026 Updated: 25 September 2026
Sale299,000 €3,051 €/m²
Expected rent885 € /mo
Area
98 m²
Floor
4 / 4
Construction
Brick
Year
1960

Yield analysis

Low investment rating

3.6% / yr
Monthly payment1,327 €20% down payment · 20 yrs · 3%
Expected rent885 €at market conditions for the neighbourhood

The rent covers 67% of the payment — you top up about 442 €/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.

Property analysis

This apartment is priced 14% below the typical price (the median) for comparable properties — 2,491 €/m² against 2,887 €/m².

Three-room apartment in Varna city, Center district, near the Archaeological Museum. The property is located on the top floor of a brick building from 1960 with a solid structure.

The layout includes a spacious kitchen with dining area, bright living room with access to one of the bedrooms, two bedrooms, wide corridor, bathroom, separate toilet and two large terraces surrounding almost the entire apartment. The property also includes an attic room with terrace and a basement.

The building is brick with a solid structure, providing good sound insulation and stability, but the apartment requires modernization according to the needs of the new owners.

The location is highly accessible, close to the central pedestrian zone, administrative institutions, educational establishments and public transport.

The property is suitable both for living and for investment, thanks to the functional layout and additional rooms that increase usable space.

With 20% down over 20 years the monthly mortgage payment is about 1,327 €, against an expected local rent of 885 €. The rent covers 67% of it.

Source: Market statistics for 3-room apartments in Centyr

Pros and cons

AI summary
Pros
  • functional layout
  • two large terraces
  • brick construction
  • central location
Cons
  • top floor
  • needs modernization

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 14% below the average for comparable properties.

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

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

  3. What condition is the roof in, and does it overheat in summer?

    Because: The property is on the top floor.

  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

  • kitchen
  • dining area
  • living room
  • bedroom
  • bedroom
  • corridor
  • bathroom
  • toilet

Details

Category
Residential
Rooms
3
Bathrooms
2

Location

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