Sale

Three-room penthouse with roof terrace in Izgrev, Varna

VarnaIzgrev
Published: 9 September 2026 Updated: 9 September 2026
Sale240,000 €875 €/m²
Expected rent796 € /mo

~215,500 € BELOW MARKET

far below market

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

A price this far below the market usually has a reason the listing does not mention — encumbrances or an error in the ad.

Area
274 m²
Construction
Brick
Year
2026

Yield analysis

Low investment rating

4% / yr
Monthly payment1,065 €20% down payment · 20 yrs · 3%
Expected rent796 €at market conditions for the neighbourhood

The rent covers 75% of the payment — you top up about 269 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 25 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 215,500 € below the typical price (the median) for 3-room apartments in Izgrev (110 properties) — 875 €/m² against 1,662 €/m². A price this far below the market usually has a reason the listing does not mention — encumbrances or an error in the ad.

Apartment with three rooms, located in the Izgrev district, Varna, 200 m from Smirnenski Blvd. The property is on the top floor with direct elevator access via a chip system.

Layout includes a spacious living room with kitchen (38.4 sq m), two bedrooms, a walk-in closet and two bathrooms, with the possibility to convert into three bedrooms. The roof terrace has an area of 129 sq m and offers additional space for relaxation.

The building is new-build from 2026, constructed with brick materials and quality thermal insulation. It includes modern installations and triple-glazed windows, as well as video surveillance and access control.

The location is close to main roads and offers urban conveniences while providing tranquility on the top floor.

The property is suitable for families seeking a spacious apartment with good functionality and additional outdoor space in an urban environment.

With 20% down over 20 years the monthly mortgage payment is about 1,065 €, against an expected local rent of 796 €. The rent covers 75% of it.

Source: Market statistics for 3-room apartments in Izgrev

Pros and cons

AI summary
Pros
  • direct elevator
  • southern aspect
  • large roof terrace
  • quality materials
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 47% below the average for comparable properties.

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

    Because: The building dates from 2026.

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

Amenities

  • Elevator
  • Video Surveillance
  • Access Control

Exposure

AI summary
SSouth

Maximum sunlight throughout the day

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