Spacious 3-room apartment with two terraces in Festival Complex, Varna

This apartment is priced about 234,000 € above the typical price (the median) for 3-room apartments in Festivalen Kompleks (21 properties) — 5,250 €/m² against 3,300 €/m².

The offered property is a 3-room apartment with an area of 120 sq m, located in Festival Complex, Varna.
The apartment is on the second floor of a three-storey brick building, with an entrance hall, two bedrooms, a spacious living room with dining area and kitchenette, as well as two large terraces. The apartment also includes two adjacent storage rooms.
The building is brick, built in 1990, with controlled access and essential utilities provided. The apartment is entirely internal, which contributes to quiet and privacy.
The location is convenient with quick access to main roads, administrative institutions, schools, kindergartens and various services. The area is close to the sea and green spaces.
The property is suitable for people seeking a spacious and functional apartment with a good location and everyday conveniences.

With 20% down over 20 years the monthly mortgage payment is about 2,795 €, against an expected local rent of 947 €. The rent covers 34% of it.

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