Sale

Three-room apartment with terrace in Tsveten kvartal, Varna

VarnaCveten Kvartal
Published: 9 May 2026 Updated: 30 September 2026
Sale174,900 €2,132 €/m²
Expected rent567 € /mo

~19,500 € ABOVE MARKET

above market

against the median for 3-room apartments in Cveten Kvartal (120 properties)

Area
82 m²
Floor
6 / 8
Construction
Panel
Year
1970

Yield analysis

Low investment rating

3.9% / yr
Monthly payment776 €20% down payment · 20 yrs · 3%
Expected rent567 €at market conditions for the neighbourhood

The rent covers 73% of the payment — you top up about 209 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 26 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▼ 5.2% · 9,600 €
  1. 184,500 €3 August 2026Initial price
  2. 174,900 €▼ 9,600 € (5.2%) 1 September 2026Price reduced
  3. 174,900 €▲ 0 € (0%) 5 September 2026Price increasedCurrent

Property analysis

This apartment is priced about 19,500 € above the typical price (the median) for 3-room apartments in Cveten Kvartal (120 properties) — 2,132 €/m² against 1,897 €/m².

Three-room apartment in Varna city, Tsveten kvartal district, located on the 6th floor of 8 in a prefab panel building with elevator.

The layout includes an entrance hall, kitchen with access to a terrace, living room and bedroom with access to a shared terrace, second bedroom, bathroom and toilet, with no walk-through rooms ensuring privacy.

The building was constructed in 1970, prefab panel construction, the apartment is cleaned and prepared for renovation, allowing various remodeling options.

The area is well developed with convenient access to public transport, shops, schools and kindergartens.

The property is suitable for families seeking functional layout and amenities in an urban environment.

With 20% down over 20 years the monthly mortgage payment is about 776 €, against an expected local rent of 567 €. The rent covers 73% of it.

This property is advertised in 2 offers, all from the same agency. All offers are at the same price. It has been listed for 145 days. The asking price has fallen by 9,600 € (5.2%) since it was first listed.

Source: Market statistics for 3-room apartments in Cveten Kvartal

Pros and cons

AI summary
Pros
  • functional layout
  • elevator
  • terrace
  • good location
Cons
  • prefab panel construction
  • needs renovation

Questions for the viewing

Only on imotesa

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

  1. Is there still room to negotiate?

    Because: The price has been cut once, by about 5%.

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

    Because: The property appears in 2 listings at the same price.

  3. What is the scope of the work, and are there hidden problems with the wiring or plumbing?

    Because: The listing states that the property needs renovation.

  4. Has the block been insulated under the renovation programme, and is there paperwork for it?

    Because: Prefabricated panel construction.

  5. 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

  • entrance hall
  • kitchen
  • living room
  • bedroom
  • bedroom
  • bathroom

Amenities

  • Elevator
  • Needs Renovation

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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