Sale

Three-room apartment with terrace in Vladislav Varnenchik, Varna

VarnaVladislav Varnenchik 1
Published: 3 September 2026 Updated: 3 September 2026
Sale138,000 €2,262 €/m²
Expected rent500 € /mo

~49,000 € ABOVE MARKET

overpriced

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

Area
61 m²
Floor
5 / 8
Construction
Panel
Year
1980

Yield analysis

Fair investment rating

4.4% / yr
Monthly payment612 €20% down payment · 20 yrs · 3%
Expected rent500 €at market conditions for the neighbourhood

The rent covers 82% of the payment — you top up about 112 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 23 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 49,000 € above the typical price (the median) for 3-room apartments in Vladislav Varnenchik 1 (297 properties) — 2,262 €/m² against 1,459 €/m².

Three-room apartment in the city of Varna, Vladislav Varnenchik district, block 408. The property has an area of 61 sq m and is located on the fifth floor of eight in a prefab panel building with an elevator.

The layout includes a spacious living room with kitchenette and access to an open terrace, master and children's bedrooms, bathroom with toilet, as well as a corridor with a niche for washing machine and dryer. The aspect is east/west, providing good natural light.

The building is prefab panel from 1980, and the apartment has undergone full renovation with replaced electrical and plumbing installations, new windows, flooring and interior doors. The common areas are maintained and renovated.

The area offers well-developed infrastructure with schools, kindergartens, shops and convenient transport connections. Nearby are supermarkets Kaufland, Lidl, CBA and Jumbo, as well as parks and medical centers.

The property is suitable for family living with balanced layout and amenities in an urban environment.

With 20% down over 20 years the monthly mortgage payment is about 612 €, against an expected local rent of 500 €. The rent covers 82% of it.

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

Pros and cons

AI summary
Pros
  • functional layout
  • elevator
  • open terrace
  • good location
Cons
  • prefab panel construction

Questions for the viewing

Only on imotesa

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

  1. Has the block been insulated under the renovation programme, and is there paperwork for it?

    Because: Prefabricated panel construction.

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

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

  3. 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.

Amenities

  • Elevator
  • Access Control

Exposure

AI summary
EEast

Morning sun, cooler afternoons

WWest

Afternoon and evening sun

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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