+32% above market
median 1,459 €/m² for comparable properties
149,900 € 1,611 €/m²
Rent covers ~ 75% of the payment
~ 500 €/mo rent · you top up ~ 165 €/mo
Sale152,500 €2,382 €/m²
Expected rent500 € /mo
~59,000 € ABOVE MARKET
overpriced
against the median for 3-room apartments in Vladislav Varnenchik 1 (297 properties)
Area
64 m²
Floor
3 / 7
Construction
Panel
Year
1970
Yield analysis
Low investment rating
Monthly payment677 €20% down payment · 20 yrs · 3%
Expected rent500 €at market conditions for the neighbourhood
The rent covers 74% of the payment — you top up about 177 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 25 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 59,000 € above the typical price (the median) for 3-room apartments in Vladislav Varnenchik 1 (297 properties) — 2,382 €/m² against 1,459 €/m².
Three-room apartment with an area of 64 sq m, located in the Vladislav Varnenchik district of Varna. The property is on the 3rd floor of 7 in a prefab panel building with an elevator.
The layout includes an extended kitchen, bedroom, living room with terrace, corridor and bathroom with toilet, providing functional use of the space. The aspect is east (kitchen) and southwest (living room with terrace).
The building was constructed in 1970, prefab panel construction, with all necessary utilities and an elevator. The apartment is furnished and equipped with air conditioners, washing machine, dryer and dishwasher, ready to move in without additional renovations.
The location is central within the district with good infrastructure, close to kindergartens, schools, shops, market, park and polyclinic. There is a large parking lot in front of the building.
The property is suitable for family living with convenient access to the urban environment and necessary amenities.
With 20% down over 20 years the monthly mortgage payment is about 677 €, against an expected local rent of 500 €. The rent covers 74% of it.
Source: Market statistics for 3-room apartments in Vladislav Varnenchik 1
Pros and cons
AI summaryPros
- functional layout
- elevator
- terrace
- close to schools and shops
Cons
- prefab panel construction
- 3rd floor
Questions for the viewing
Only on imotesaDerived from this specific property's data — not a generic checklist. Take them with you.
Has the block been insulated under the renovation programme, and is there paperwork for it?
Because: Prefabricated panel construction.
Have the risers been replaced, and when was the roof last repaired?
Because: The building dates from 1970 — about 56 years old.
Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.
Layout
- kitchen
- bedroom
- living room
- corridor
- bathroom
Amenities
- Elevator
Exposure
AI summaryEEast
Morning sun, cooler afternoons
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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