Sale

Three-room apartment 55 sq m in the Okrazhna Hospital area, Varna

VarnaOkryjna Bolnica-Generali
Published: 5 July 2026 Updated: 10 September 2026
Sale134,900 €2,452 €/m²
Expected rent718 € /mo

~16,000 € BELOW MARKET

good value

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

Area
55 m²
Floor
7 / 7
Construction
Brick
Year
1997

Yield analysis

Good investment rating

6.4% / yr
Monthly payment599 €20% down payment · 20 yrs · 3%
Expected rent718 €at market conditions for the neighbourhood

The rent covers 120% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 16 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▼ 2.9% · 4,100 €
  1. 139,000 €13 August 2026Initial price
  2. 134,900 €▼ 4,100 € (2.9%) 30 August 2026Price reducedCurrent

Property analysis

This apartment is priced about 16,000 € below the typical price (the median) for 3-room apartments in Okryjna Bolnica-Generali (61 properties) — 2,452 €/m² against 2,743 €/m².

Three-room apartment in Varna, Okrazhna Hospital-Generali area. The property is located on the seventh top floor of a brick building with an elevator. The layout includes a living room with bedroom, kitchen, corridor and terrace, with a total area of 55 sq m. The building was constructed in 1997 with brick construction and maintained common areas. It is situated close to the hospital, shops and public transport, within walking distance to the city centre. Suitable for those seeking convenient urban living with easy access to essential services.

With 20% down over 20 years the monthly mortgage payment is about 599 €, against an expected local rent of 718 €. The rent covers the whole payment (120%).

The asking price has fallen by 4,100 € (2.9%) since it was first listed.

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

Pros and cons

AI summary
Pros
  • elevator
  • brick construction
  • central location
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. Is there still room to negotiate?

    Because: The price has been cut once, by about 3%.

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

    Because: The property is on the top floor.

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
  • kitchen
  • corridor
  • terrace

Amenities

  • Elevator

Details

Category
Residential
Rooms
3

Approximate location

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

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