Sale

Spacious 3-room apartment in Sveti Nikola with terraces

VarnaSveti Nikola
Published: 1 June 2026 Updated: 27 August 2026
Sale335,000 €1,735 €/m²
Expected rent967 € /mo

~114,500 € BELOW MARKET

good value

against the median for 3-room apartments in Sveti Nikola (333 properties)

Area
193 m²
Floor
0 / 4
Construction
Brick
Year
2025

Yield analysis

Low investment rating

3.5% / yr
Monthly payment1,486 €20% down payment · 20 yrs · 3%
Expected rent967 €at market conditions for the neighbourhood

The rent covers 65% of the payment — you top up about 519 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 29 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.

Price history

1 change since listing▼ 10.3% · 40,000 €
  1. 390,000 €2 July 2026Initial price
  2. 350,000 €▼ 40,000 € (10.3%) 14 July 2026Price reducedCurrent

Property analysis

This apartment is priced about 114,500 € below the typical price (the median) for 3-room apartments in Sveti Nikola (333 properties) — 1,717 €/m² against 2,329 €/m².

3-room apartment in Varna, district Sveti Nikola, part of a modern gated complex. The total area is 193 sq m, with a net living area of 147 sq m, located on the ground floor of a four-storey building.

The layout includes a large entrance hall, living room of 37.7 sq m with a terrace facing southeast, two large bedrooms each with separate bathrooms, a laundry room, and two terraces. The apartment also includes a basement of 17 sq m.

The building is new-build from 2025, constructed with brick materials, equipped with an elevator and an allocated parking space. The apartment has a southwest aspect, providing good natural light.

The location is about 10 minutes by car from Varna city centre, close to the resort complex St. Konstantin and Elena and the beach, with easy access via asphalt road. The complex offers green areas, playgrounds and commercial facilities.

The property is suitable for family living with an emphasis on space and convenience in a gated and secure environment.

With 20% down over 20 years the monthly mortgage payment is about 1,486 €, against an expected local rent of 967 €. The rent covers 65% of it.

This property is advertised in 2 offers, all from the same agency. All offers are at the same price. It has been listed for 124 days. The asking price has fallen by 40,000 € (10.3%) since it was first listed.

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

Pros and cons

AI summary
Pros
  • functional layout
  • southwest aspect
  • new-build
  • parking space
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 26% below the average for comparable properties.

  2. Is there still room to negotiate?

    Because: The price has been cut once, by about 10%.

  3. Who am I negotiating with, and who is authorised to agree a price?

    Because: The property appears in 2 listings at the same price.

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

    Because: The building dates from 2025.

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

Layout

  • entrance hall
  • living room 37.7
  • bedroom 20.64
  • bedroom 22.20
  • laundry room

Amenities

  • Elevator
  • With Parking

Details

Category
Residential
Rooms
3
Bathrooms
3

Approximate location

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

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