Sale

Three-room apartment with two terraces in the center of Varna, Opera

VarnaOperata
Published: 1 June 2026 Updated: 7 August 2026
Sale298,000 €1,862 €/m²
Expected rent828 € /mo

~111,500 € BELOW MARKET

good value

against the median for 3-room apartments in Operata (20 properties)

Area
160 m²
Floor
6 / 7
Construction
Brick
Year
2008

Yield analysis

Low investment rating

3.3% / yr
Monthly payment1,322 €20% down payment · 20 yrs · 3%
Expected rent828 €at market conditions for the neighbourhood

The rent covers 63% of the payment — you top up about 494 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 30 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.

Price history

2 changes since listing▼ 8.3% · 27,000 €
  1. 325,000 €9 July 2026Initial price
  2. 309,000 €▼ 16,000 € (4.9%) 23 July 2026Price reduced
  3. 298,000 €▼ 11,000 € (3.6%) 7 August 2026Price reducedCurrent

Property analysis

This apartment is priced about 111,500 € below the typical price (the median) for 3-room apartments in Operata (20 properties) — 1,862 €/m² against 2,559 €/m².

The offered property is a three-room apartment in Varna, Opera district. It is located on the 6th floor of 7 in a brick building from 2008 with an elevator.

The apartment features a spacious living room with kitchen and access to a terrace, two bedrooms, two bathrooms with toilets, and another terrace, with an internal staircase to the second floor.

The building is brick-built, and the apartment is in need of finishing works – the sanitary facilities are completed, but painting and flooring are required.

The location is in the central part of Varna, close to the Ritual Hall, Opera, and fountains, with parking available in the building's inner courtyard.

The property is suitable for family living with a good location and functional layout, providing conveniences and views of the city and lake.

With 20% down over 20 years the monthly mortgage payment is about 1,322 €, against an expected local rent of 828 €. The rent covers 63% of it.

The asking price has fallen by 27,000 € (8.3%) since it was first listed.

Source: Market statistics for 3-room apartments in Operata

Pros and cons

AI summary
Pros
  • functional layout
  • two terraces
  • elevator
  • parking in inner courtyard
Cons
  • needs finishing 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 27% below the average for comparable properties.

  2. Is there still room to negotiate, and why has it not sold yet?

    Because: The price has been cut 2 times — about 8% below the original asking price.

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
  • bedroom

Amenities

  • Elevator

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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