Sale

Spacious 3-room apartment in Sveti Nikola with garage

VarnaSveti Nikola
Published: 6 April 2026 Updated: 9 September 2026
Sale278,000 €1,664 €/m²
Expected rent1,187 € /mo

~56,000 € BELOW MARKET

good value

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

Area
167 m²
Floor
1 / 4
Construction
Brick
Year
2025

Yield analysis

Fair investment rating

5.1% / yr
Monthly payment1,233 €20% down payment · 20 yrs · 3%
Expected rent1,187 €at market conditions for the neighbourhood

The rent covers 96% of the payment — you top up about 46 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 20 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▼ 3.8% · 11,000 €
  1. 289,000 €6 April 2026Initial price
  2. 283,000 €▼ 6,000 € (2.1%) 20 July 2026Price reduced
  3. 278,000 €▼ 5,000 € (1.8%) 9 September 2026Price reducedCurrent

Property analysis

This apartment is priced about 56,000 € below the typical price (the median) for 3-room apartments in Sveti Nikola (32 properties) — 1,664 €/m² against 2,001 €/m².

3-room apartment in Varna, Sveti Nikola district, located on the first floor of a new building from 2025 with a total area of 167 sq m.

The layout includes a spacious living room with kitchenette, two bedrooms, one with an en-suite bathroom, a second bathroom, laundry room, and a separate garage with direct access.

The property is built with brick construction, offered in shell condition with installed inverter air conditioners and a reinforced entrance door, allowing for finishing according to an individual project.

The complex is gasified and has its own photovoltaic park, as well as various common amenities such as playgrounds, outdoor fitness, and green areas.

The property is suitable for those seeking comfort and functionality in a gated and well-maintained environment.

With 20% down over 20 years the monthly mortgage payment is about 1,233 €, against an expected local rent of 1,187 €. The rent covers 96% of it.

The asking price has fallen by 11,000 € (3.8%) since it was first listed.

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

Pros and cons

AI summary
Pros
  • functional layout
  • southern aspect
  • garage
  • new-build
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 17% 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 4% below the original asking price.

  3. What feedback have previous viewers given?

    Because: We have been tracking this listing for about 180 days.

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

    Because: The building dates from 2025.

  5. 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
  • laundry room

Amenities

  • Security

Exposure

AI summary
SSouth

Maximum sunlight throughout the day

Details

Category
Residential
Rooms
3
Bathrooms
2

Location

Similar properties nearby