Three-room apartment with terrace in Festival Complex, Varna

This apartment is priced at the typical price (the median) for 3-room apartments in Festivalen Kompleks (20 properties) — 3,300 €/m² against 3,306 €/m².

Three-room apartment with an area of 100 sq m, located in the city of Varna, Festival Complex. The property is on the first floor of a three-storey brick building from 1960 with solid construction.

The layout includes a corridor, two bedrooms, a living room with dining area (35 sq m), and a kitchen, with the living room opening onto a terrace. High ceilings and wooden flooring contribute to a greater sense of space.

Plumbing and electrical installations have been replaced, and the property is furnished and equipped. The building has traditional construction, which implies stability but may require maintenance.

The location is convenient, within walking distance to the Sea Garden and pedestrian zone, providing easy access to urban amenities and green spaces.

Suitable for those seeking a spacious apartment in a central urban environment with convenient access to key points in Varna.

With 20% down over 20 years the monthly mortgage payment is about 1,464 €, against an expected local rent of 915 €. The rent covers 62% of it.

The asking price has fallen by 30,000 € (8.3%) since it was first listed.

Source: Market statistics for 3-room apartments in Festivalen Kompleks