Sale

Spacious 3-room apartment in Izgrev, Varna with elevator

VarnaIzgrev
Published: 2 December 2025 Updated: 13 September 2026
Sale300,000 €1,149 €/m²
Expected rent796 € /mo

~134,000 € BELOW MARKET

good value

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

Area
261 m²
Floor
9 / 11
Construction
Brick
Year
2025

Yield analysis

Low investment rating

3.2% / yr
Monthly payment1,331 €20% down payment · 20 yrs · 3%
Expected rent796 €at market conditions for the neighbourhood

The rent covers 60% of the payment — you top up about 535 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 31 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▼ 11.6% · 39,300 €
  1. 339,300 €2 December 2025Initial price
  2. 300,000 €▼ 39,300 € (11.6%) 1 May 2026Price reducedCurrent

Property analysis

This apartment is priced about 134,000 € below the typical price (the median) for 3-room apartments in Izgrev (110 properties) — 1,149 €/m² against 1,662 €/m².

3-room apartment in Varna city, Izgrev district, part of a new-build development. It has a total area of 261 sq m and is located on the 9th floor of 11.

The layout includes large and regularly shaped rooms, suitable for various functional needs. There is the convenience of an elevator, which facilitates access to the property.

The building is brick construction, with construction planned for 2025, implying modern materials and technologies.

Izgrev district is a rapidly developing area with good connections to main boulevards and urban infrastructure.

The property is suitable for those seeking a spacious and functional home in an urban environment with modern amenities.

With 20% down over 20 years the monthly mortgage payment is about 1,331 €, against an expected local rent of 796 €. The rent covers 60% of it.

The asking price has fallen by 39,300 € (11.6%) since it was first listed.

Source: Market statistics for 3-room apartments in Izgrev

Pros and cons

AI summary
Pros
  • spacious rooms
  • new-build
  • elevator
  • good location
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. Why is this priced below comparable properties? Is there anything that could affect the sale?

    Because: The price per m² is about 31% below the average for comparable properties.

  2. What feedback have previous viewers given?

    Because: We have been tracking this listing for about 305 days.

  3. Is there still room to negotiate?

    Because: The price has been cut once, by about 12%.

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

    Because: The building dates from 2025.

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

Amenities

  • Elevator

Details

Category
Residential
Rooms
3

Approximate location

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

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