Sale

Three-room apartment with large terrace in m-t Sotira, Varna

VarnaSotira
Published: 9 October 2025 Updated: 20 September 2026
Sale183,500 €1,191 €/m²
Expected rent652 € /mo

~126,000 € BELOW MARKET

far below market

against the median for 3-room apartments in Sotira (10 properties)

A price this far below the market usually has a reason the listing does not mention — encumbrances or an error in the ad.

Area
154 m²
Floor
1 / 5
Construction
Brick
Year
2026

Yield analysis

Fair investment rating

4.3% / yr
Monthly payment814 €20% down payment · 20 yrs · 3%
Expected rent652 €at market conditions for the neighbourhood

The rent covers 80% of the payment — you top up about 162 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 23 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▼ 1.2% · 2,300 €
  1. 185,800 €7 November 2025Initial price
  2. 183,500 €▼ 2,300 € (1.2%) 4 July 2026Price reducedCurrent

Property analysis

This apartment is priced about 126,000 € below the typical price (the median) for 3-room apartments in Sotira (10 properties) — 1,191 €/m² against 2,010 €/m². A price this far below the market usually has a reason the listing does not mention — encumbrances or an error in the ad.

Three-room apartment in a new building in m-t Sotira, Varna city.
The layout includes a spacious living area, two bedrooms, a storage room and a bathroom with toilet, as well as a large ground-floor terrace of 50 sq m.
The building is brick, built in 2026, with the option for turnkey completion according to BDS standards.
The location is quiet and peaceful, with views of the city and Varna Lake, close to the Technical University, kindergartens and public transport stops.
The property is suitable for people seeking space and convenience near nature and urban infrastructure.

With 20% down over 20 years the monthly mortgage payment is about 814 €, against an expected local rent of 652 €. The rent covers 80% of it.

The asking price has fallen by 2,300 € (1.2%) since it was first listed.

Source: Market statistics for 3-room apartments in Sotira

Pros and cons

AI summary
Pros
  • spacious terrace
  • new building
  • quiet location
  • lake view
Cons
  • ground floor
  • no elevator

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 41% below the average for comparable properties.

  2. What feedback have previous viewers given?

    Because: We have been tracking this listing for about 358 days.

  3. Is there still room to negotiate?

    Because: The price has been cut once, by about 1%.

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

    Because: The building dates from 2026.

  5. Is there damp, is there enough daylight, and what is the noise like?

    Because: The property is on the first floor.

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

Layout

  • living area
  • bedroom
  • bedroom

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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