Multi-room apartment with 3 rooms in Levski, Varna with yard

This apartment is priced about 191,000 € below the typical price (the median) for apartments in Varna (71 properties) — 1,041 €/m² against 1,838 €/m². A price this far below the market usually has a reason the listing does not mention — encumbrances or an error in the ad.

3-room apartment located in the district of Levski 2, Varna, near Dubrovnik St. The property occupies the entire first floor of a brick building from 1970 with a total area of 120 sq m.

The layout includes a corridor, kitchen with dining area, living room, three bedrooms, balcony, bathroom and toilet, providing functional use of the space.

The building is brick, and the apartment is in a condition that requires renovation, with additional spaces in the attic and semi-basement totaling 120 sq m.

The location is in a quiet residential area with access to main amenities and the possibility to use a yard of 310 sq m.

The property is suitable for a family looking for a spacious home with potential for renovation and use of additional areas and yard.

With 20% down over 20 years the monthly mortgage payment is about 1,109 €, against an expected local rent of 667 €. The rent covers 60% of it.

This property is advertised in 2 offers from 2 different sellers. All offers are at the same price. It has been listed for 241 days.

Source: Market statistics for apartments in Varna