Sale

Three-room apartment with terrace in Levski 1, Varna

VarnaChaika
Published: 9 April 2026 Updated: 2 October 2026
Sale225,000 €2,586 €/m²
Expected rent691 € /mo

~53,000 € ABOVE MARKET

overpriced

against the median for 3-room apartments in Chaika (198 properties)

Area
87 m²
Floor
4 / 8
Construction
Brick
Year
1970

Yield analysis

Low investment rating

3.7% / yr
Monthly payment998 €20% down payment · 20 yrs · 3%
Expected rent691 €at market conditions for the neighbourhood

The rent covers 69% of the payment — you top up about 307 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 27 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 about 53,000 € above the typical price (the median) for 3-room apartments in Chaika (198 properties) — 2,586 €/m² against 1,975 €/m².

The offered property is a three-room apartment with an area of 87 sq m, located in the Levski 1 district, Varna. The layout includes a south-facing living room, two bedrooms, a separate kitchen, and a terrace, providing convenience and functionality. The apartment is on the 4th floor of an 8-storey building with an elevator, built in 1970 with brick construction. The location is close to the city center, with easy access to schools, shops, medical facilities, and the Sea Garden. The property is suitable for family living with a balanced combination of amenities and urban environment.

With 20% down over 20 years the monthly mortgage payment is about 998 €, against an expected local rent of 691 €. The rent covers 69% of it.

This property is advertised in 3 offers, all from the same agency. All offers are at the same price. It has been listed for 176 days.

Source: Market statistics for 3-room apartments in Chaika

Pros and cons

AI summary
Pros
  • functional layout
  • south aspect
  • elevator
  • close to Sea Garden
Cons
  • needs renovation
  • middle floor
  • older building

Questions for the viewing

Only on imotesa

Derived from this specific property's data — not a generic checklist. Take them with you.

  1. Who am I negotiating with, and who is authorised to agree a price?

    Because: The property appears in 3 listings at the same price.

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

    Because: The building dates from 1970 — about 56 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
  • kitchen
  • bedroom
  • bedroom
  • bathroom
  • toilet
  • terrace

Amenities

  • Elevator

Exposure

AI summary
SSouth

Maximum sunlight throughout the day

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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