Sale

Three-room apartment with two terraces in Levski, Varna

VarnaLevski 1
Published: 4 August 2026 Updated: 4 August 2026
Sale159,000 €1,590 €/m²
Expected rent691 € /mo

~38,500 € BELOW MARKET

good value

against the median for 3-room apartments in Levski 1 (198 properties)

Area
100 m²
Floor
1 / 5
Construction
Brick
Year
1970

Yield analysis

Fair investment rating

5.2% / yr
Monthly payment705 €20% down payment · 20 yrs · 3%
Expected rent691 €at market conditions for the neighbourhood

The rent covers 98% of the payment — you top up about 14 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 19 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 38,500 € below the typical price (the median) for 3-room apartments in Levski 1 (198 properties) — 1,590 €/m² against 1,975 €/m².

Three-room apartment with an area of 100 sq m, located in the district of Levski, Varna. The property is situated on a high first floor in a brick building from 1970 with five floors.

The layout includes a spacious living room, large kitchen and two bedrooms, as well as two terraces, one running along the living room and kitchen, and the second in front of one of the bedrooms. There is a separate bathroom with a window and a toilet, as well as a wide entrance hall.

The building is brick with a maintained entrance, intercom and restricted access. The apartment has mixed flooring - natural parquet, laminate and terracotta, but requires renovation. The property includes an adjacent basement of 12 sq m.

The location is close to schools, a sports complex and the fields on Studentska St, with the possibility of free parking in the area.

The property is suitable for a family or for use as an urban residence with potential for remodeling and adaptation according to needs.

With 20% down over 20 years the monthly mortgage payment is about 705 €, against an expected local rent of 691 €. The rent covers 98% of it.

Source: Market statistics for 3-room apartments in Levski 1

Pros and cons

AI summary
Pros
  • functional layout
  • southwest aspect
  • two terraces
  • adjacent basement
Cons
  • needs renovation
  • ground floor (high first floor)

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 20% below the average for comparable properties.

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

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

  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

  • living room
  • kitchen
  • bedroom
  • bedroom
  • bathroom
  • toilet

Exposure

AI summary
WWest

Afternoon and evening sun

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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