Three-room apartment with two terraces in Pobeda district, Varna

This apartment is priced about 130,500 € below the typical price (the median) for 3-room apartments in Pobeda (29 properties) — 1,375 €/m² against 2,463 €/m². A price this far below the market usually has a reason the listing does not mention — encumbrances or an error in the ad.

The offered property is a three-room apartment in Varna city, Pobeda district. It features an entrance hall, spacious living room with kitchenette and access to a terrace, as well as two large bedrooms with a second terrace. It includes a laundry room and a combined bathroom. The apartment is on the second floor of a five-storey brick building with maintained common areas. The construction is brick, and the dwelling has high ceilings and is air-conditioned with three air conditioners, as well as a fireplace with a water jacket. It is located near a school and kindergarten, making it suitable for families. The property also includes an adjacent basement storage room. This is a functional and comfortable apartment in a well-established area.

With 20% down over 20 years the monthly mortgage payment is about 732 €, against an expected local rent of 734 €. The rent covers the whole payment (100%).

Source: Market statistics for 3-room apartments in Pobeda