Sale

Three-room apartment with sea view in Sveti Nikola, Varna

VarnaSveti Nikola
Published: 17 September 2026 Updated: 17 September 2026
Sale179,000 €1,098 €/m²
Expected rent1,187 € /mo

~147,000 € BELOW MARKET

far below market

against the median for 3-room apartments in Sveti Nikola (32 properties)

A price this far below the market usually has a reason the listing does not mention — encumbrances or an error in the ad.

Area
163 m²
Floor
1 / 4
Construction
Brick
Year
2027

Yield analysis

Good investment rating

8% / yr
Monthly payment794 €20% down payment · 20 yrs · 3%
Expected rent1,187 €at market conditions for the neighbourhood

The rent covers 149% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 13 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 147,000 € below the typical price (the median) for 3-room apartments in Sveti Nikola (32 properties) — 1,098 €/m² against 2,001 €/m². A price this far below the market usually has a reason the listing does not mention — encumbrances or an error in the ad.

Three-room apartment in Varna city, Sveti Nikola district.

Layout: spacious living room with kitchenette, two bedrooms, bathroom with toilet, storage room and large landscaped yard of 74 sq m with sea view. South-east aspect.

Construction: brick, new building from 2027, first floor of four, with elevator and controlled access. The property is offered according to BDS standards with an option for turnkey completion.

Location: quiet and green area near the Sea Garden and Varna beaches, providing quick access to the city center and resort zones.

The property is suitable for people seeking a combination of tranquility, nature and urban conveniences.

With 20% down over 20 years the monthly mortgage payment is about 794 €, against an expected local rent of 1,187 €. The rent covers the whole payment (149%).

Source: Market statistics for 3-room apartments in Sveti Nikola

Pros and cons

AI summary
Pros
  • large landscaped yard
  • south-east aspect
  • new-build
  • elevator
Cons
  • ground floor

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 45% below the average for comparable properties.

  2. Has Act 16 been issued, and what guarantees cover the common parts?

    Because: The building dates from 2027.

  3. Is there damp, is there enough daylight, and what is the noise like?

    Because: The property is on the first 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
  • bedroom

Amenities

  • Elevator
  • Access Control
  • Renovated

Exposure

AI summary
SSouth

Maximum sunlight throughout the day

EEast

Morning sun, cooler afternoons

Details

Category
Residential
Rooms
3
Bathrooms
1

Approximate location

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

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