Sale

Three-room apartment with terrace in Okrazhna bolnitsa-Generali, Varna

VarnaOkryjna Bolnica-Generali
Published: 1 June 2026 Updated: 8 September 2026
Sale190,000 €2,500 €/m²
Expected rent718 € /mo

~18,500 € BELOW MARKET

good value

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

Area
76 m²
Floor
6 / 9
Construction
Panel

Yield analysis

Fair investment rating

4.5% / yr
Monthly payment843 €20% down payment · 20 yrs · 3%
Expected rent718 €at market conditions for the neighbourhood

The rent covers 85% of the payment — you top up about 125 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 22 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.

Price history

3 changes since listing▼ 7.3% · 15,000 €
  1. 205,000 €1 June 2026Initial price
  2. 197,000 €▼ 8,000 € (3.9%) 5 July 2026Price reduced
  3. 195,000 €▼ 2,000 € (1%) 3 August 2026Price reduced
  4. 190,000 €▼ 5,000 € (2.6%) 8 September 2026Price reducedCurrent

Property analysis

This apartment is priced about 18,500 € below the typical price (the median) for 3-room apartments in Okryjna Bolnica-Generali (61 properties) — 2,500 €/m² against 2,743 €/m².

Three-room apartment with an area of 76 sq m, located in Varna city, Okrazhna bolnitsa-Generali district. The property is on the 6th floor of 9 in a prefab panel building with an elevator.

The layout includes an entrance hall, walk-in closet, living area with open kitchen and access to a terrace, living room with access to a second terrace, bathroom and toilet. There is also a basement storage room for the apartment. The dwelling is mid-block, without end walls, which provides better thermal insulation.

The building is prefab panel construction, the entrance is renovated and maintained with controlled access. An elevator is available, and parking is free in front of the block.

The location is in an urban area with good infrastructure and access to essential services and transport.

The property is suitable for family living with convenient functionality and urban environment.

With 20% down over 20 years the monthly mortgage payment is about 843 €, against an expected local rent of 718 €. The rent covers 85% of it.

The asking price has fallen by 15,000 € (7.3%) since it was first listed.

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

Pros and cons

AI summary
Pros
  • functional layout
  • terrace
  • elevator
  • controlled access
Cons

We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.

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, and why has it not sold yet?

    Because: The price has been cut 3 times — about 7% below the original asking price.

  2. Has the block been insulated under the renovation programme, and is there paperwork for it?

    Because: Prefabricated panel construction.

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

    Because: The property is on floor 6 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.

Layout

  • entrance hall
  • walk-in closet
  • living area
  • living room
  • bathroom
  • toilet

Details

Category
Residential
Rooms
3
Bathrooms
2

Approximate location

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

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