Sale

Three-room apartment with garage in central Varna, Opera

VarnaOperata
Published: 7 January 2026 Updated: 1 October 2026
Sale247,200 €2,247 €/m²
Expected rent828 € /mo

~38,000 € BELOW MARKET

good value

against the median for 3-room apartments in Operata (21 properties)

Area
110 m²
Floor
3 / 7
Construction
Brick
Year
1997

Yield analysis

Fair investment rating

4% / yr
Monthly payment1,097 €20% down payment · 20 yrs · 3%
Expected rent828 €at market conditions for the neighbourhood

The rent covers 75% of the payment — you top up about 269 €/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 38,000 € below the typical price (the median) for 3-room apartments in Operata (21 properties) — 2,247 €/m² against 2,592 €/m².

Three-room apartment in Varna city, Opera district, Kavala St. It is located on the third floor of a seven-storey brick building with an elevator.

The layout includes a spacious corridor, living room with dining area and kitchen, three terraces, master and children's bedrooms, bathroom, separate toilet, storage room and laundry room.

The building was constructed in 1997, the structure is brick, and the apartment needs renovation. Included are a garage with electricity and water and a basement.

The location is central, in a quiet residential area with easy access to public transport, shops and park. Nearby amenities include beach and restaurants.

The property is suitable for families looking for a spacious apartment with garage in an urban environment with potential for refurbishment.

With 20% down over 20 years the monthly mortgage payment is about 1,097 €, against an expected local rent of 828 €. The rent covers 75% of it.

Source: Market statistics for 3-room apartments in Operata

Pros and cons

AI summary
Pros
  • garage with electricity and water
  • elevator
  • central location
  • spacious layout
Cons
  • needs renovation

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 13% below the average for comparable properties.

  2. What feedback have previous viewers given?

    Because: We have been tracking this listing for about 267 days.

  3. What is the scope of the work, and are there hidden problems with the wiring or plumbing?

    Because: The listing states that the property needs renovation.

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

Layout

  • corridor
  • living room
  • dining area
  • kitchen
  • bedroom
  • bedroom
  • bathroom
  • toilet
  • storage room
  • laundry room

Amenities

  • Elevator
  • With Parking
  • Internet Connection
  • Needs Renovation

Details

Category
Residential
Rooms
3
Bathrooms
2

Approximate location

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

Similar properties nearby

Maisonette in Varna, Operata
Operata, Varna
+11% above market

median 2,620 €/m² for comparable properties

399,900 € 2,918 €/m²
Maisonette in Varna, Operata
  • 137m²
  • 5/5fl.

Rent covers ~ 40% of the payment

~ 706 €/mo rent · you top up ~ 1,068 €/mo