Sale−26% below market

Three-room apartment with terrace in m-t Dobreva cheshma, Varna

VarnaDobreva Cheshma
Published: 9 April 2026 Updated: 10 September 2026
Sale147,000 €1,729 €/m²
Expected rent652 € /mo
Area
85 m²
Floor
2 / 3
Construction
Brick
Year
2026

Yield analysis

Fair investment rating

5.3% / yr
Monthly payment652 €20% down payment · 20 yrs · 3%
Expected rent652 €at market conditions for the neighbourhood

The rent covers 100% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 19 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 26% below the typical price (the median) for comparable properties — 1,400 €/m² against 1,900 €/m².

Three-room apartment with an area of 85 sq m, located in Varna, m-t Dobreva cheshma. The property is on the second floor of a small brick building with three floors. The layout includes a corridor, spacious living room with kitchenette, two separate bedrooms, two bathrooms, a toilet, and a terrace. The apartment has a southeast aspect and is offered in shell condition, allowing for completion according to an individual project. The building was constructed after 2014 with modern materials and standards, and the property includes an adjacent cellar and the option to purchase a parking space. The location is quiet and peaceful, with easy access to the city center of Varna. The property is suitable both for permanent residence and as an investment with potential for customization.

With 20% down over 20 years the monthly mortgage payment is about 652 €, against an expected local rent of 652 €. The rent covers the whole payment (100%).

Source: Market statistics for apartments in Varna

Pros and cons

AI summary
Pros
  • functional layout
  • southeast aspect
  • new brick building
  • terrace
Cons
  • needs finishing works

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 26% below the average for comparable properties.

  2. What is the scope of the work, and are there hidden problems with the wiring or plumbing?

    Because: The listing states that the property needs renovation.

  3. Has Act 16 been issued, and what guarantees cover the common parts?

    Because: The building dates from 2026.

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

Layout

  • corridor
  • living room
  • kitchenette
  • bedroom
  • bedroom
  • bathroom
  • bathroom
  • toilet
  • terrace

Amenities

  • With Transition
  • With Parking
  • Active Business
  • Video Surveillance
  • Access Control
  • Security
  • Renovated
  • Gated Community
  • Needs Renovation
  • Tax Credit Option

Details

Category
Residential
Rooms
3
Bathrooms
2

Approximate location

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

Similar properties nearby