Sale−24% below market

3-bedroom apartment in Varna, Levski 1

VarnaLevski 1
Published: 3 July 2026 Updated: 3 September 2026
Sale146,000 €1,403 €/m²
Expected rent691 € /mo
Area
104 m²
Floor
2 / 10
Construction
Brick
Year
2028

Yield analysis

Fair investment rating

5.7% / yr
Monthly payment648 €20% down payment · 20 yrs · 3%
Expected rent691 €at market conditions for the neighbourhood

The rent covers 107% 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▼ 21.5% · 40,000 €
  1. 186,000 €3 July 2026Initial price
  2. 146,000 €▼ 40,000 € (21.5%) 1 August 2026Price reducedCurrent

Property analysis

This apartment is priced 24% below the typical price (the median) for comparable properties — 1,505 €/m² against 1,975 €/m².

With 20% down over 20 years the monthly mortgage payment is about 648 €, against an expected local rent of 691 €. The rent covers the whole payment (107%).

The asking price has fallen by 40,000 € (21.5%) since it was first listed.

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

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 24% below the average for comparable properties.

  2. Is there still room to negotiate?

    Because: The price has been cut once, by about 22%.

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

    Because: The building dates from 2028.

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

Amenities

  • Elevator

Details

Category
Residential
Rooms
3
Bathrooms
1

Location

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