Sale

Three-room apartment with 3 terraces in Levski 1, Varna

VarnaLevski 1
Published: 20 May 2026 Updated: 14 September 2026
Sale259,900 €2,856 €/m²
Expected rent691 € /mo

~80,000 € ABOVE MARKET

overpriced

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

Area
91 m²
Floor
2 / 7
Construction
Brick
Year
2012

Yield analysis

Low investment rating

3.2% / yr
Monthly payment1,153 €20% down payment · 20 yrs · 3%
Expected rent691 €at market conditions for the neighbourhood

The rent covers 60% of the payment — you top up about 462 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 31 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 80,000 € above the typical price (the median) for 3-room apartments in Levski 1 (198 properties) — 2,856 €/m² against 1,975 €/m².

Three-room apartment with an area of 91 sq m, located in Varna, Levski 1 district. The property is on the second floor of a brick building from 2012 with an elevator.

The layout includes a living room with a kitchenette and access to a terrace, two bedrooms with a shared glazed terrace, a third open terrace, corridor, bathroom with toilet, separate toilet, and storage room. The aspect is south-north, providing good light.

The building has maintained common areas and PVC windows, and the apartment is furnished and equipped with appliances and air conditioners. The flooring is laminate and terracotta tiles, and there is an intercom system.

The location is convenient, close to the Technical University, hospitals, schools, kindergartens, and a hypermarket, with easy access to public transport.

The property is suitable both for living and for investment with the possibility of an additional parking space in the yard.

With 20% down over 20 years the monthly mortgage payment is about 1,153 €, against an expected local rent of 691 €. The rent covers 60% of it.

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

Pros and cons

AI summary
Pros
  • functional layout
  • 3 terraces
  • elevator
  • close to university and hospitals
Cons

We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.

Layout

  • living room
  • bedroom
  • bedroom

Amenities

  • Elevator

Exposure

AI summary
SSouth

Maximum sunlight throughout the day

NNorth

Even light, cooler during summer

Details

Category
Residential
Rooms
3
Bathrooms
2
Furnishing
Yes

Approximate location

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

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