Sale

3-room apartment with balcony in Izgrev district, Varna

VarnaIzgrev
Published: 1 September 2026 Updated: 9 September 2026
Sale159,000 €1,500 €/m²
Expected rent796 € /mo

~17,000 € BELOW MARKET

good value

against the median for 3-room apartments in Izgrev (110 properties)

Area
106 m²
Floor
3 / 4
Construction
Brick

Yield analysis

Good investment rating

6% / yr
Monthly payment705 €20% down payment · 20 yrs · 3%
Expected rent796 €at market conditions for the neighbourhood

The rent covers 113% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 17 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 17,000 € below the typical price (the median) for 3-room apartments in Izgrev (110 properties) — 1,500 €/m² against 1,662 €/m².

3-room apartment in Varna city, Izgrev district, located on the 3rd of 4 floors.
The layout includes a spacious living room with kitchen area, two separate bedrooms, two bathrooms, an entrance hall, and a storage/closet.
The property is in a brick building, which implies better thermal and sound insulation; there is no indication of the need for renovation or additional investment.
Izgrev district offers amenities and access to urban infrastructure, suitable for families and people seeking tranquility in the city.
The property is suitable for family use or as an investment considering the functional layout and location.

With 20% down over 20 years the monthly mortgage payment is about 705 €, against an expected local rent of 796 €. The rent covers the whole payment (113%).

Source: Market statistics for 3-room apartments in Izgrev

Pros and cons

AI summary
Pros
  • functional layout
  • two bathrooms
  • balcony
  • brick construction
Cons
  • 3rd of 4 floors

Layout

  • living room 23.75 sq m
  • bedroom 16.42 sq m
  • bedroom 11.64 sq m

Details

Category
Residential
Rooms
3
Bathrooms
2

Approximate location

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

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