At market level
median 3,462 €/m² for comparable properties
239,000 € 3,414 €/m²
Rent covers ~ 89% of the payment
~ 947 €/mo rent · you top up ~ 113 €/mo
Sale405,900 €4,950 €/m²
Expected rent947 € /mo
~135,500 € ABOVE MARKET
overpriced
against the median for 3-room apartments in Festivalen Kompleks (21 properties)
Area
82 m²
Floor
2 / 5
Construction
Brick
Year
2026
Yield analysis
Low investment rating
Monthly payment1,801 €20% down payment · 20 yrs · 3%
Expected rent947 €at market conditions for the neighbourhood
The rent covers 53% of the payment — you top up about 854 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 36 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 135,500 € above the typical price (the median) for 3-room apartments in Festivalen Kompleks (21 properties) — 4,950 €/m² against 3,300 €/m².
A three-room apartment is offered in Varna city, Festival Complex district. The property has an area of 82 sq m and is located on the second floor of a five-storey brick building from 2026 with an elevator. The layout includes a living room with kitchenette and access to a loggia, two bedrooms, corridor, bathroom with toilet, and an adjacent basement. The apartment is finished to BDS standard with PVC windows and electric heating. The location is close to Shishkova Garden, Festival Complex, and main city amenities, within walking distance to the Sea Garden and the commercial area. The apartment is suitable for living in a central urban environment with convenient access to transport and services.
With 20% down over 20 years the monthly mortgage payment is about 1,801 €, against an expected local rent of 947 €. The rent covers 53% of it.
Source: Market statistics for 3-room apartments in Festivalen Kompleks
Pros and cons
AI summaryPros
- southeast aspect
- new-build
- elevator
- parking space
Cons
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
Questions for the viewing
Only on imotesaDerived from this specific property's data — not a generic checklist. Take them with you.
Has Act 16 been issued, and what guarantees cover the common parts?
Because: The building dates from 2026.
Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.
Layout
- living room
- bedroom
- bedroom
Amenities
- Elevator
- With Parking
Exposure
AI summarySSouth
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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