Sale

Three-room apartment in Kaisieva gradina with terrace

VarnaKaisieva Gradina
Published: 4 May 2026 Updated: 24 September 2026
Sale95,000 €940 €/m²
Expected rent587 € /mo

~56,000 € BELOW MARKET

good value

against the median for 3-room apartments in Kaisieva Gradina (160 properties)

Area
101 m²
Floor
7 / 10
Construction
Brick
Year
2029

Yield analysis

Good investment rating

7.4% / yr
Monthly payment421 €20% down payment · 20 yrs · 3%
Expected rent587 €at market conditions for the neighbourhood

The rent covers 139% 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.

Price history

2 changes since listing▼ 19.5% · 23,000 €
  1. 118,000 €4 May 2026Initial price
  2. 99,999 €▼ 18,001 € (15.3%) 4 May 2026Price reduced
  3. 95,000 €▼ 4,999 € (5%) 6 August 2026Price reducedCurrent

Property analysis

This apartment is priced about 56,000 € below the typical price (the median) for 3-room apartments in Kaisieva Gradina (160 properties) — 940 €/m² against 1,495 €/m².

A three-room apartment is offered in the city of Varna, Kaisieva gradina district. The apartment has an area of 101 sq m and is located on the 7th floor of a 10-storey building. The layout includes a spacious living room with kitchen and dining area, two separate bedrooms, and two bathrooms with toilets. The building is new-build with brick construction, equipped with an elevator and designated parking spaces in the yard and underground garages. The location is in an urban environment with convenient access to infrastructure and services. The property is suitable for family living with a focus on functionality and comfort in an urban setting.

With 20% down over 20 years the monthly mortgage payment is about 421 €, against an expected local rent of 587 €. The rent covers the whole payment (139%).

The asking price has fallen by 23,000 € (19.5%) since it was first listed.

Source: Market statistics for 3-room apartments in Kaisieva Gradina

Pros and cons

AI summary
Pros
  • functional layout
  • new building
  • elevator
  • terrace
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 37% below the average for comparable properties.

  2. Is there still room to negotiate, and why has it not sold yet?

    Because: The price has been cut 2 times — about 19% below the original asking price.

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

    Because: The building dates from 2029.

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

Layout

  • living room
  • bedroom
  • bedroom

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.

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