Sale

Three-room apartment in Vladislav Varnenchik district, Varna with basement

VarnaVladislav Varnenchik 1
Published: 7 April 2026 Updated: 21 September 2026
Sale109,900 €1,831 €/m²
Expected rent500 € /mo

~22,500 € ABOVE MARKET

overpriced

against the median for 3-room apartments in Vladislav Varnenchik 1 (297 properties)

Area
60 m²
Floor
5 / 7
Construction
Brick
Year
1980

Yield analysis

Fair investment rating

5.5% / yr
Monthly payment488 €20% down payment · 20 yrs · 3%
Expected rent500 €at market conditions for the neighbourhood

The rent covers 103% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 18 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 22,500 € above the typical price (the median) for 3-room apartments in Vladislav Varnenchik 1 (297 properties) — 1,831 €/m² against 1,459 €/m².

Three-room apartment in the city of Varna, Vladislav Varnenchik district. It is located on the 5th floor in a building with an elevator.

The property has an east and west aspect and features a functional layout of the three rooms. The property also includes a basement for additional storage.

The building dates from 1980, constructed with brickwork, which provides better insulation compared to prefab panel blocks. An elevator is available, facilitating access.

The location is well connected, close to shops, a school, kindergarten, and public transport stops. This makes the area convenient for daily needs.

The property is suitable for a family seeking accommodation with a good location and basic amenities in an urban environment.

With 20% down over 20 years the monthly mortgage payment is about 488 €, against an expected local rent of 500 €. The rent covers the whole payment (103%).

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

Pros and cons

AI summary
Pros
  • functional layout
  • east and west aspect
  • basement
  • elevator
Cons
  • prefab panel block
  • in need of renovation

Questions for the viewing

Only on imotesa

Derived from this specific property's data — not a generic checklist. Take them with you.

  1. Have the risers been replaced, and when was the roof last repaired?

    Because: The building dates from 1980 — about 46 years old.

  2. Is there enough daylight during the day?

    Because: The advertised exposure has no southern side.

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

Layout

  • bedroom
  • bedroom
  • bedroom

Amenities

  • Elevator
  • Internet Connection
  • Access Control
  • Tax Credit Option

Exposure

AI summary
EEast

Morning sun, cooler afternoons

WWest

Afternoon and evening sun

Details

Category
Residential
Rooms
3
Bathrooms
1
Furnishing
Yes

Approximate location

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

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