Sale

Brick 3-room apartment with two terraces in Okrazhna bolnitsa area, Varna

VarnaOkryjna Bolnica-Generali
Published: 7 September 2026 Updated: 7 September 2026
Sale214,000 €1,829 €/m²
Expected rent718 € /mo

~107,000 € BELOW MARKET

good value

against the median for 3-room apartments in Okryjna Bolnica-Generali (61 properties)

Area
117 m²
Floor
4 / 5
Construction
Brick
Year
1998

Yield analysis

Fair investment rating

4% / yr
Monthly payment949 €20% down payment · 20 yrs · 3%
Expected rent718 €at market conditions for the neighbourhood

The rent covers 76% of the payment — you top up about 231 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 25 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 about 107,000 € below the typical price (the median) for 3-room apartments in Okryjna Bolnica-Generali (61 properties) — 1,829 €/m² against 2,743 €/m².

Three-room apartment in Varna, Okrazhna bolnitsa area, close to LIDL and universities.

The layout includes a living area with kitchen and dining room on the first level, two bedrooms and a third room on the second level with two terraces – one glazed and one covered.

The building is brick from 1998, with controlled access and well-maintained common areas, without an elevator. The property is on the fourth and fifth floors and includes a basement storage room.

The location is in a quiet district but close to administrative, commercial, and educational institutions, providing convenience for living and investment potential.

Suitable for family use or as an investment property with the possibility to divide into two separate residences.

With 20% down over 20 years the monthly mortgage payment is about 949 €, against an expected local rent of 718 €. The rent covers 76% of it.

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

Pros and cons

AI summary
Pros
  • functional layout
  • two terraces
  • controlled access
  • close to universities
Cons
  • 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 33% below the average for comparable properties.

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

    Because: The property is on floor 4 and the listing does not mention a lift.

  3. Is there enough daylight during the day?

    Because: The advertised exposure has no southern side.

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

Layout

  • entrance hall
  • living area
  • bathroom
  • bedroom
  • bedroom
  • corridor
  • third room

Amenities

  • Access Control

Exposure

AI summary
EEast

Morning sun, cooler afternoons

WWest

Afternoon and evening sun

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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