Sale

Three-room apartment with elevator in Vladislav Varnenchik, Varna

VarnaVladislav Varnenchik 1
Published: 8 January 2026 Updated: 16 September 2026
Sale125,000 €1,237 €/m²
Expected rent500 € /mo

~23,000 € BELOW MARKET

good value

against the median for 3-room apartments in Vladislav Varnenchik 1 (298 properties)

Area
101 m²
Floor
5 / 5
Construction
Brick

Yield analysis

Fair investment rating

4.8% / yr
Monthly payment555 €20% down payment · 20 yrs · 3%
Expected rent500 €at market conditions for the neighbourhood

The rent covers 90% of the payment — you top up about 55 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 21 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 23,000 € below the typical price (the median) for 3-room apartments in Vladislav Varnenchik 1 (298 properties) — 1,225 €/m² against 1,463 €/m².

The offered three-room apartment is part of a new-build brick building in the Vladislav Varnenchik area of Varna, with an expected completion year of 2026. The property has an area of approximately 95 sq m and is located on the fifth floor, equipped with an elevator. The layout includes a living room with kitchenette, two bedrooms, a bathroom with toilet, and a laundry room. The building offers the option to purchase a parking space, which adds convenience for residents. The apartment is suitable both for personal use and as an investment, with a price of 125 000 BGN reflecting modern construction standards and location.

With 20% down over 20 years the monthly mortgage payment is about 555 €, against an expected local rent of 500 €. The rent covers 90% 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 267 days.

Source: Market statistics for 3-room apartments in Vladislav Varnenchik 1

Pros and cons

AI summary
Pros
  • new brick building
  • elevator in building
  • parking space option
  • suitable for investment
Cons
  • fifth 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 16% below the average for comparable properties.

  2. What feedback have previous viewers given?

    Because: We have been tracking this listing for about 267 days.

  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. What condition is the roof in, and does it overheat in summer?

    Because: The property is on the top 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 with kitchenette
  • two bedrooms
  • bathroom with toilet
  • laundry room
  • corridor

Amenities

  • Elevator

Details

Category
Residential
Rooms
3

Approximate location

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

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