Sale

Three-room apartment with two terraces in Izgrev district, Varna

VarnaIzgrev
Published: 7 August 2026 Updated: 9 September 2026
Sale119,900 €1,789 €/m²
Expected rent796 € /mo

AT MARKET LEVEL

fairly priced

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

Area
67 m²
Floor
2 / 3
Construction
Brick
Year
1980

Yield analysis

Good investment rating

8% / yr
Monthly payment532 €20% down payment · 20 yrs · 3%
Expected rent796 €at market conditions for the neighbourhood

The rent covers 150% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 13 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 at the typical price (the median) for 3-room apartments in Izgrev (110 properties) — 1,789 €/m² against 1,662 €/m².

Apartment with an area of 67 sq m, located on the second floor of three in a brick building in the quiet and green part of Izgrev district, Varna.

Layout: three separate rooms – kitchen, two bedrooms, bathroom with toilet, laundry room with storage and two terraces, one of which is enclosed. The property also includes a 16 sq m basement room with bathroom and toilet.

The building was constructed in 1980, brick construction, providing good insulation and stability. The apartment needs renovation and offers the opportunity to be adapted according to the needs of the new owners.

The location offers tranquility and greenery, with easy access to Varna city centre in about 10 minutes by public transport. Parking availability and spacious inter-block area contribute to residents' convenience.

The property is suitable for families seeking a functional layout in a quiet area with good infrastructure.

With 20% down over 20 years the monthly mortgage payment is about 532 €, against an expected local rent of 796 €. The rent covers the whole payment (150%).

Source: Market statistics for 3-room apartments in Izgrev

Pros and cons

AI summary
Pros
  • functional layout
  • southwest aspect
  • two terraces
  • basement room
Cons
  • needs renovation

Questions for the viewing

Only on imotesa

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

  1. Have the risers been replaced, and when was the roof last repaired?

    Because: The building dates from 1980 — about 46 years old.

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

Layout

  • kitchen
  • bedroom
  • bedroom
  • bathroom
  • toilet
  • laundry
  • storage
  • entrance hall

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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