Sale−15% below market

Three-room apartment with terrace in Levski district, Varna

VarnaLevski 1
Published: 1 July 2026 Updated: 2 August 2026
Sale155,000 €2,583 €/m²
Expected rent692 € /mo
Area
60 m²
Floor
3 / 5
Construction
Panel

Yield analysis

Fair investment rating

5.4% / yr
Monthly payment688 €20% down payment · 20 yrs · 3%
Expected rent692 €at market conditions for the neighbourhood

The rent covers 101% of the payment — the tenant pays off the loan over 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.

Price history

2 changes since listing▼ 5.9% · 10,000 €
  1. 169,900 €15 July 2026Initial price
  2. 155,000 €▼ 14,900 € (8.8%) 2 August 2026Price reduced
  3. 159,900 €▲ 4,900 € (3.2%) 5 August 2026Price increasedCurrent

Property analysis

This apartment is priced 15% below the typical price (the median) for comparable properties — 1,684 €/m² against 1,971 €/m².

Three-room apartment in the city of Varna, Levski district, located on the third floor of a five-storey prefab panel building. The layout includes an entrance hall, spacious living area with kitchen section, two bedrooms, terrace, bathroom, and separate laundry room. The property has undergone full renovation with new furnishings and equipment, including a modern kitchen with built-in appliances. The building is prefab panel, with controlled access and maintained common areas. The location is convenient, close to university, schools, kindergartens, shops, and public transport. The property is suitable for living or investment considering its functionality and location.

With 20% down over 20 years the monthly mortgage payment is about 688 €, against an expected local rent of 692 €. The rent covers the whole payment (101%).

The asking price has fallen by 10,000 € (5.9%) since it was first listed.

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

Pros and cons

AI summary
Pros
  • functional layout
  • new furnishings
  • controlled access
  • close to university
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 15% below the average for comparable properties.

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

    Because: Prefabricated panel construction.

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

Layout

  • entrance hall
  • living area
  • bedroom
  • bedroom
  • terrace
  • bathroom
  • laundry room

Amenities

  • Access Control
  • Renovated

Details

Category
Residential
Rooms
3
Bathrooms
1
Furnishing
Yes

Approximate location

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

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