Sale

Three-room apartment with terrace in Varna, Festival Complex

VarnaFestivalen Kompleks
Published: 8 May 2026 Updated: 10 September 2026
Sale409,000 €4,173 €/m²
Expected rent947 € /mo

~85,500 € ABOVE MARKET

overpriced

against the median for 3-room apartments in Festivalen Kompleks (21 properties)

Area
98 m²
Floor
2 / 5
Construction
Brick

Yield analysis

Low investment rating

2.8% / yr
Monthly payment1,815 €20% down payment · 20 yrs · 3%
Expected rent947 €at market conditions for the neighbourhood

The rent covers 52% of the payment — you top up about 868 €/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.

Price history

1 change since listing▼ 0.2% · 1,000 €
  1. 410,000 €1 March 2026Initial price
  2. 409,000 €▼ 1,000 € (0.2%) 8 May 2026Price reducedCurrent

Property analysis

This apartment is priced about 85,500 € above the typical price (the median) for 3-room apartments in Festivalen Kompleks (21 properties) — 4,173 €/m² against 3,300 €/m².

The offered property is a 3-room apartment with an area of 98 sq m, located in Varna, in the Festival Complex area. The layout includes a living area, two bedrooms, a bathroom with toilet, entrance hall, and terrace. The apartment is on the second floor of a five-storey building with an elevator. The construction is brick, of high quality and completed according to BDS standards. Amenities include parking and access control. The location is close to the Sea Garden and the pedestrian zone, providing easy access to urban amenities and green spaces. The property is suitable both as a family home and as an investment with rental potential.

With 20% down over 20 years the monthly mortgage payment is about 1,815 €, against an expected local rent of 947 €. The rent covers 52% 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 216 days. The asking price has fallen by 1,000 € (0.2%) since it was first listed.

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

Pros and cons

AI summary
Pros
  • functional layout
  • new building
  • elevator
  • parking
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 imotesa

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

  1. What feedback have previous viewers given?

    Because: We have been tracking this listing for about 216 days.

  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.

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

Layout

  • living area
  • bedroom
  • bedroom
  • bathroom
  • entrance hall
  • terrace

Amenities

  • Elevator
  • With Parking
  • Access Control

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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