Sale

3-room apartment in Kaisieva gradina with two balconies

VarnaKaisieva Gradina
Published: 2 May 2026 Updated: 10 August 2026
Sale125,000 €1,712 €/m²
Expected rent587 € /mo

~16,000 € ABOVE MARKET

above market

against the median for 3-room apartments in Kaisieva Gradina (159 properties)

Area
73 m²
Floor
7 / 9
Construction
Panel
Year
1970

Yield analysis

Fair investment rating

5.6% / yr
Monthly payment555 €20% down payment · 20 yrs · 3%
Expected rent587 €at market conditions for the neighbourhood

The rent covers 106% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 18 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▼ 3.9% · 4,910 €
  1. 124,900 €2 May 2026Initial price
  2. 119,990 €▼ 4,910 € (3.9%) 22 June 2026Price reducedCurrent

Property analysis

This apartment is priced about 16,000 € above the typical price (the median) for 3-room apartments in Kaisieva Gradina (159 properties) — 1,644 €/m² against 1,495 €/m².

The offered property is a 3-room apartment in the city of Varna, Kaisieva gradina district. It has 73 sq m of net floor area, including an entrance hall, kitchen, living room, bedroom, separate bathroom and toilet, storage room, and two balconies. The apartment is located on the 7th floor of 9 in a prefab panel building with an elevator and controlled access. The building was constructed in 1970 and has maintained common areas. The location is convenient, with free parking available and close to supermarkets and eateries. The property requires full renovation, which should be considered when using it. This is a suitable residence for those seeking a middle floor in a prefab panel block with a functional layout and convenient location.

With 20% down over 20 years the monthly mortgage payment is about 555 €, against an expected local rent of 587 €. The rent covers the whole payment (106%).

The asking price has fallen by 4,910 € (3.9%) since it was first listed.

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

Pros and cons

AI summary
Pros
  • functional layout
  • elevator
  • controlled access
  • convenient location
Cons
  • needs full renovation
  • prefab panel construction

Questions for the viewing

Only on imotesa

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

  1. Is there still room to negotiate?

    Because: The price has been cut once, by about 4%.

  2. Has the block been insulated under the renovation programme, and is there paperwork for it?

    Because: Prefabricated panel construction.

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

    Because: The building dates from 1970 — about 56 years old.

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

Layout

  • entrance hall
  • kitchen
  • living room
  • bedroom
  • bathroom
  • toilet
  • storage room
  • balcony
  • balcony

Amenities

  • Elevator
  • Access Control

Exposure

AI summary
SSouth

Maximum sunlight throughout the day

NNorth

Even light, cooler during summer

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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