Sale

Three-room apartment with terrace in Vladislav Varnenchik 1, Varna

VarnaVladislav Varnenchik 1
Published: 2 October 2026 Updated: 2 October 2026
Sale130,000 €2,000 €/m²
Expected rent500 € /mo

~35,000 € ABOVE MARKET

overpriced

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

Area
65 m²
Floor
5 / 8
Construction
Panel
Year
1970

Yield analysis

Fair investment rating

4.6% / yr
Monthly payment577 €20% down payment · 20 yrs · 3%
Expected rent500 €at market conditions for the neighbourhood

The rent covers 87% of the payment — you top up about 77 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 22 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 35,000 € above the typical price (the median) for 3-room apartments in Vladislav Varnenchik 1 (298 properties) — 2,000 €/m² against 1,463 €/m².

Three-room apartment in Varna city, Vladislav Varnenchik 1 district, located on the 5th floor of 8 in a prefab panel building.

The layout includes a spacious living room with access to a terrace, a large bedroom, kitchen with dining area, and a bathroom with toilet in one room. The corridor is L-shaped and offers additional storage space.

The building is prefab panel from 1970, with replaced electrical installation and an elevator available. The apartment requires a refresh renovation and has PVC windows.

The location is well connected, close to a large green park, parking, and a bus stop with links to the city centre and other parts of the city. Nearby are schools, kindergartens, and shops.

The property is suitable for family living with everyday conveniences and the possibility for personalisation through renovation.

With 20% down over 20 years the monthly mortgage payment is about 577 €, against an expected local rent of 500 €. The rent covers 87% of it.

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

Pros and cons

AI summary
Pros
  • functional layout
  • east/west aspect
  • elevator
  • close to park
Cons
  • prefab panel block
  • refresh renovation

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 1970 — about 56 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.

Layout

  • living room
  • bedroom
  • kitchen
  • corridor

Amenities

  • Elevator

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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