Sale

3-room apartment with 2 terraces in Okrazhna bolnitsa, Varna

VarnaOkryjna Bolnica-Generali
Published: 10 September 2026 Updated: 16 September 2026
Sale235,000 €2,196 €/m²
Expected rent719 € /mo

~58,500 € BELOW MARKET

good value

against the median for 3-room apartments in Okryjna Bolnica-Generali (60 properties)

Area
107 m²
Floor
5 / 5
Construction
Brick
Year
2003

Yield analysis

Low investment rating

3.7% / yr
Monthly payment1,043 €20% down payment · 20 yrs · 3%
Expected rent719 €at market conditions for the neighbourhood

The rent covers 69% of the payment — you top up about 324 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 27 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▼ 7.8% · 20,000 €
  1. 255,000 €10 September 2026Initial price
  2. 235,000 €▼ 20,000 € (7.8%) 16 September 2026Price reducedCurrent

Property analysis

This apartment is priced about 58,500 € below the typical price (the median) for 3-room apartments in Okryjna Bolnica-Generali (60 properties) — 2,196 €/m² against 2,745 €/m².

3-room apartment in Varna, Okrazhna bolnitsa-Generali district.

The layout includes a spacious living room, two separate bedrooms, two terraces, a separate bathroom and toilet, as well as a laundry and storage area.

The building is brick from 2003, the apartment is on the top floor (5/5), with a basement of 11 sq m for additional space.

The location is well connected, close to Levski Blvd and HEI, providing easy access to the main parts of the city.

The property is suitable for family living with a good functional layout and amenities.

With 20% down over 20 years the monthly mortgage payment is about 1,043 €, against an expected local rent of 719 €. The rent covers 69% of it.

The asking price has fallen by 20,000 € (7.8%) since it was first listed.

Source: Market statistics for 3-room apartments in Okryjna Bolnica-Generali

Pros and cons

AI summary
Pros
  • functional layout
  • two terraces
  • storage basement
  • quality construction
Cons
  • top floor

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 20% below the average for comparable properties.

  2. Is there still room to negotiate?

    Because: The price has been cut once, by about 8%.

  3. What condition is the roof in, and does it overheat in summer?

    Because: The property is on the top floor.

  4. Is there a lift in the building, and what condition is it in?

    Because: The property is on floor 5 and the listing does not mention a lift.

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

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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