Sale

Three-room apartment in Levski 2 with two terraces in Varna

VarnaLevski 2
Published: 7 August 2026 Updated: 24 September 2026
Sale284,000 €3,155 €/m²
Expected rent627 € /mo

~117,000 € ABOVE MARKET

overpriced

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

Area
90 m²
Floor
3 / 5
Construction
Brick
Year
2008

Yield analysis

Low investment rating

2.6% / yr
Monthly payment1,260 €20% down payment · 20 yrs · 3%
Expected rent627 €at market conditions for the neighbourhood

The rent covers 50% of the payment — you top up about 633 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 38 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.

Price history

2 changes since listing▼ 3.4% · 10,000 €
  1. 294,000 €7 August 2026Initial price
  2. 288,000 €▼ 6,000 € (2%) 31 August 2026Price reduced
  3. 284,000 €▼ 4,000 € (1.4%) 24 September 2026Price reducedCurrent

Property analysis

This apartment is priced about 117,000 € above the typical price (the median) for 3-room apartments in Levski 2 (50 properties) — 3,155 €/m² against 1,855 €/m².

Three-room apartment with an area of 90 sq m, located in the district of Levski 2 in Varna. The property is on the third floor of a building with an elevator, built in 2008 from brick.

The layout includes a spacious living room with kitchen and dining area, two separate bedrooms, a bathroom, a separate toilet, an entrance hall, and two terraces. There is an adjacent basement of about 10 sq m.

The building is maintained and offers amenities such as an elevator, video surveillance, and access control. The apartment is unfurnished, allowing for personalized furnishing.

The location provides quick access to main roads, public transport, shops, and educational institutions in the area of Vasil Levski Blvd.

The property is suitable as a family home or an investment for rental due to its functional layout and the conveniences of the area.

With 20% down over 20 years the monthly mortgage payment is about 1,260 €, against an expected local rent of 627 €. The rent covers 50% of it.

The asking price has fallen by 10,000 € (3.4%) since it was first listed.

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

Pros and cons

AI summary
Pros
  • functional layout
  • two terraces
  • elevator
  • close to public transport
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 2 times — about 3% below the original asking price.

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
  • Internet Connection
  • Active Business
  • Video Surveillance
  • Access Control
  • Renovated

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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