Sale

Three-room apartment with large terraces in Levski 2, Varna

VarnaLevski 2
Published: 4 May 2026 Updated: 30 September 2026
Sale164,900 €1,329 €/m²
Expected rent627 € /mo

~65,000 € BELOW MARKET

good value

against the median for 3-room apartments in Levski 2 (50 properties)

Area
124 m²
Floor
5 / 5
Construction
Brick
Year
2027

Yield analysis

Fair investment rating

4.6% / yr
Monthly payment732 €20% down payment · 20 yrs · 3%
Expected rent627 €at market conditions for the neighbourhood

The rent covers 86% of the payment — you top up about 105 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 22 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▼ 5.7% · 10,000 €
  1. 174,900 €7 August 2026Initial price
  2. 164,900 €▼ 10,000 € (5.7%) 23 September 2026Price reducedCurrent

Property analysis

This apartment is priced about 65,000 € below the typical price (the median) for 3-room apartments in Levski 2 (50 properties) — 1,329 €/m² against 1,855 €/m².

The offered property is a three-room apartment in Varna, Levski 2 district, behind the Military Hospital. It has an area of 124 sq m and is located on the top, fifth floor of a new brick building from 2027. The layout includes a living room with kitchen and dining area, two bedrooms, two bathrooms, a separate toilet, an entrance hall, and two terraces, one of which is a panoramic roof terrace. The apartment has a southeast aspect and a functional layout without walk-through rooms. The building is in an advanced stage of construction and is offered unfinished, allowing for individual design. The location is quiet and preferred, with controlled access and an included parking space. The property is suitable both for personal use and investment, combining convenience and a good urban position.

With 20% down over 20 years the monthly mortgage payment is about 732 €, against an expected local rent of 627 €. The rent covers 86% of it.

The asking price has fallen by 10,000 € (5.7%) since it was first listed.

Source: Market statistics for 3-room apartments in Levski 2

Pros and cons

AI summary
Pros
  • functional layout
  • southeast aspect
  • panoramic terrace
  • parking space included
Cons
  • top 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 28% 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 2027.

  4. What condition is the roof in, and does it overheat in summer?

    Because: The property is on the top floor.

  5. Is there a lift in the building, and what condition is it in?

    Because: The property is on floor 5 and the listing does not mention a lift.

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

Layout

  • living room with kitchen and dining area 35.48 sq m
  • master bedroom 12.24 sq m
  • second bedroom 12.43 sq m
  • entrance hall 9.16 sq m
  • terrace 5.43 sq m
  • panoramic roof terrace 26.43 sq m

Amenities

  • With Parking
  • Tax Credit Option
  • Internet Connection
  • Leasing
  • Barter

Details

Category
Residential
Rooms
3
Bathrooms
2

Location

Similar properties nearby