Sale

Three-room apartment with terrace in Izgrev district, Varna

VarnaIzgrev
Published: 1 April 2026 Updated: 9 September 2026
Sale139,500 €1,516 €/m²
Expected rent796 € /mo

~13,500 € BELOW MARKET

good value

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

Area
92 m²
Floor
1 / 4
Construction
Brick
Year
2028

Yield analysis

Good investment rating

6.8% / yr
Monthly payment619 €20% down payment · 20 yrs · 3%
Expected rent796 €at market conditions for the neighbourhood

The rent covers 129% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 15 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 13,500 € below the typical price (the median) for 3-room apartments in Izgrev (110 properties) — 1,516 €/m² against 1,662 €/m².

Three-room apartment in a new-build building under construction in the Izgrev district, Varna. The property has a total floor area of 92 sq m and is located on the first floor of a four-storey building.

The layout includes an entrance hall, living room with kitchenette, two bedrooms, bathroom with toilet, and a shared terrace with east aspect. The terrace is accessible from the living room and the master bedroom.

The building is brick, with an elevator, and will be finished to BDS standards with PVC windows and a security entrance door. Completion is planned for 2028.

The area has well-developed infrastructure, close to Hristo Smirnenski Blvd, Billa hypermarket, educational institutions, and public services. There is convenient access to public transport.

The property is suitable for family living with good functionality and a convenient location in the city.

With 20% down over 20 years the monthly mortgage payment is about 619 €, against an expected local rent of 796 €. The rent covers the whole payment (129%).

Source: Market statistics for 3-room apartments in Izgrev

Pros and cons

AI summary
Pros
  • functional layout
  • east aspect
  • new brick building
  • elevator
Cons
  • ground floor
  • finished to BDS standards

Questions for the viewing

Only on imotesa

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

  1. What feedback have previous viewers given?

    Because: We have been tracking this listing for about 184 days.

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

    Because: The building dates from 2028.

  3. Is there damp, is there enough daylight, and what is the noise like?

    Because: The property is on the first floor.

  4. Is there enough daylight during the day?

    Because: The advertised exposure has no southern side.

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

Layout

  • entrance hall /7.09 sq m/
  • living room with kitchenette /20.43 sq m/
  • bedroom /11.64 sq m/
  • bedroom /13.18 sq m/

Exposure

AI summary
EEast

Morning sun, cooler afternoons

Details

Category
Residential
Rooms
3
Bathrooms
1

Approximate location

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

Similar properties nearby

apartment in Varna, Izgrev
Izgrev, Varna
−47% below market

median 1,629 €/m² for comparable properties

240,000 € 872 €/m²
apartment in Varna, Izgrev
  • 275m²
  • 4/4fl.

Rent covers ~ 48% of the payment

~ 516 €/mo rent · you top up ~ 549 €/mo