Sale

Three-room apartment with terrace in Levski 1, Varna

VarnaLevski 1
Published: 6 June 2026 Updated: 30 September 2026
Sale156,340 €1,737 €/m²
Expected rent692 € /mo

~21,500 € BELOW MARKET

good value

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

Area
90 m²
Floor
6 / 7
Construction
Brick
Year
2026

Yield analysis

Fair investment rating

5.3% / yr
Monthly payment694 €20% down payment · 20 yrs · 3%
Expected rent692 €at market conditions for the neighbourhood

The rent covers 100% 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

1 change since listing▼ 6% · 10,000 €
  1. 166,340 €9 August 2026Initial price
  2. 156,340 €▼ 10,000 € (6%) 11 August 2026Price reducedCurrent

Property analysis

This apartment is priced about 21,500 € below the typical price (the median) for 3-room apartments in Levski 1 (198 properties) — 1,737 €/m² against 1,975 €/m².

The offered property is a 3-room apartment in Varna city, Levski 1 district, located on the 6th floor of a 7-storey building. The layout includes a living room with access to a terrace, two bedrooms, and a bathroom with toilet. The building is new-build from 2026, constructed with brick materials and equipped with an elevator. The apartment is in the process of completion, expected to be ready by summer 2026. The location is close to the medical complex UMHAT 'Sveta Marina' and other amenities in the district. The property is suitable for people seeking housing in an urban environment with conveniences and the possibility of a parking space.

With 20% down over 20 years the monthly mortgage payment is about 694 €, against an expected local rent of 692 €. The rent covers the whole payment (100%).

The asking price has fallen by 10,000 € (6%) since it was first listed.

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

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 12% below the average for comparable properties.

  2. Is there still room to negotiate?

    Because: The price has been cut once, by about 6%.

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

    Because: The building dates from 2026.

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
  • Renovated

Details

Category
Residential
Rooms
3
Bathrooms
1

Approximate location

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

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