Sale−18% below market

3-bedroom apartment in Varna, Festivalen Kompleks

VarnaFestivalen Kompleks
Published: 6 January 2026 Updated: 8 September 2026
Sale249,000 €2,929 €/m²
Expected rent947 € /mo
Area
85 m²
Floor
4 / 6
Construction
Brick
Year
2008

Yield analysis

Fair investment rating

4.6% / yr
Monthly payment1,105 €20% down payment · 20 yrs · 3%
Expected rent947 €at market conditions for the neighbourhood

The rent covers 86% of the payment — you top up about 158 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 22 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.

Price history

6 changes since listing▲ 0% · 0 €
  1. 249,000 €3 July 2026Initial price
  2. 240,000 €▼ 9,000 € (3.6%) 2 August 2026Price reduced
  3. 259,000 €▲ 19,000 € (7.9%) 19 August 2026Price increased
  4. 249,000 €▼ 10,000 € (3.9%) 20 August 2026Price reduced
  5. 240,000 €▼ 9,000 € (3.6%) 25 August 2026Price reduced
  6. 249,000 €▲ 9,000 € (3.8%) 1 September 2026Price increased
  7. 249,000 €▲ 0 € (0%) 8 September 2026Price increasedCurrent

Property analysis

This apartment is priced 18% below the typical price (the median) for comparable properties — 2,706 €/m² against 3,300 €/m².

With 20% down over 20 years the monthly mortgage payment is about 1,105 €, against an expected local rent of 947 €. The rent covers 86% 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 271 days.

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

Questions for the viewing

Only on imotesa

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

  1. Why is this priced below comparable properties? Is there anything that could affect the sale?

    Because: The price per m² is about 18% below the average for comparable properties.

  2. What feedback have previous viewers given?

    Because: We have been tracking this listing for about 271 days.

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

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

Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.

Amenities

  • Elevator
  • Internet Connection
  • Access Control
  • Active Business

Details

Category
Residential
Rooms
3
Bathrooms
2
Furnishing
Yes

Approximate location

The exact address hasn't been published by the seller — the map shows the neighbourhood.

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