Sale

Three-room apartment with two terraces in Izgrev, Varna

VarnaIzgrev
Published: 3 June 2026 Updated: 8 September 2026
Sale180,000 €1,451 €/m²
Expected rent796 € /mo

~26,000 € BELOW MARKET

good value

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

Area
124 m²
Floor
5 / 5
Construction
Brick
Year
2027

Yield analysis

Fair investment rating

5.3% / yr
Monthly payment799 €20% down payment · 20 yrs · 3%
Expected rent796 €at market conditions for the neighbourhood

The rent covers 100% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 19 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 26,000 € below the typical price (the median) for 3-room apartments in Izgrev (110 properties) — 1,451 €/m² against 1,662 €/m².

The offered property is a three-room apartment in Varna city, Izgrev district, located on the fifth floor of a new building with an elevator. The layout includes an L-shaped corridor, a spacious living room of 35.5 sq m with two terraces, one with a partial sea view, as well as two bedrooms and two bathrooms. The building is brick, constructed in 2027, with luxury common areas and high-quality materials, finished to BDS standards. The location is close to the Military Hospital, universities, and commercial facilities, providing convenience and rental opportunities. The property is suitable for personal use or investment with the option to purchase a parking space.

With 20% down over 20 years the monthly mortgage payment is about 799 €, against an expected local rent of 796 €. The rent covers the whole payment (100%).

Source: Market statistics for 3-room apartments in Izgrev

Pros and cons

AI summary
Pros
  • functional layout
  • southeast aspect
  • two terraces
  • new-build
  • elevator
Cons
  • top floor

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 13% below the average for comparable properties.

  2. Has Act 16 been issued, and what guarantees cover the common parts?

    Because: The building dates from 2027.

  3. What condition is the roof in, and does it overheat in summer?

    Because: The property is on the top floor.

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

Layout

  • corridor
  • living room 35.5
  • bedroom 12.50
  • bedroom 12.25

Amenities

  • Elevator

Details

Category
Residential
Rooms
3
Bathrooms
2

Approximate location

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

Similar properties nearby