Sale

Three-room apartment with panoramic terrace in Levski 2, Varna

VarnaLevski 2
Published: 8 May 2026 Updated: 1 October 2026
Sale179,000 €2,594 €/m²
Expected rent699 € /mo

~43,000 € ABOVE MARKET

overpriced

against the median for 3-room apartments in Levski 2 (195 properties)

Area
69 m²
Floor
9 / 16
Construction
EPC
Year
1980

Yield analysis

Fair investment rating

4.7% / yr
Monthly payment794 €20% down payment · 20 yrs · 3%
Expected rent699 €at market conditions for the neighbourhood

The rent covers 88% of the payment — you top up about 95 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 21 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.

Price history

3 changes since listing▼ 10.5% · 20,900 €
  1. 199,900 €8 May 2026Initial price
  2. 189,900 €▼ 10,000 € (5%) 7 June 2026Price reduced
  3. 189,000 €▼ 900 € (0.5%) 9 July 2026Price reduced
  4. 179,000 €▼ 10,000 € (5.3%) 25 August 2026Price reducedCurrent

Property analysis

This apartment is priced about 43,000 € above the typical price (the median) for 3-room apartments in Levski 2 (195 properties) — 2,594 €/m² against 1,971 €/m².

Three-room apartment in Varna, Levski 2 district, located on the 9th floor of 16 in an EPK prefab building.

The layout includes a living room with kitchen and dining area, two bedrooms, bathroom with toilet, storage room, and a panoramic glazed terrace.

The building dates from 1980, with maintained common areas, elevator and access control, and the apartment has undergone major renovation with replaced installations and windows.

The location is in a preferred area with good infrastructure and convenient access to city services and transport.

The property is suitable for use as a family home or investment, combining solid construction and modern amenities.

With 20% down over 20 years the monthly mortgage payment is about 794 €, against an expected local rent of 699 €. The rent covers 88% of it.

The asking price has fallen by 20,900 € (10.5%) since it was first listed.

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

Pros and cons

AI summary
Pros
  • panoramic terrace
  • functional layout
  • elevator and access control
  • renovation with quality materials
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. Is there still room to negotiate, and why has it not sold yet?

    Because: The price has been cut 3 times — about 10% below the original asking price.

  2. Have the risers been replaced, and when was the roof last repaired?

    Because: The building dates from 1980 — about 46 years old.

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

  • With Transition
  • Elevator
  • With Parking
  • Access Control
  • 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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