Sale

Three-room apartment with two terraces in Vladislav Varnenchik, Varna

VarnaVladislav Varnenchik 1
Published: 5 August 2026 Updated: 30 September 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

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 district, located on the 5th floor of 8 in a prefab panel block with elevator.

The layout includes a corridor, living room, bedroom, kitchen, two terraces, bathroom and toilet, with east/west aspect providing good natural light.

The building is prefab panel construction, with elevator and access control, and the property needs renovation.

The location is close to kindergartens, playground, public transport stop, shops, post office, polyclinic and restaurants, offering convenience and connectivity.

Suitable for family living with potential for refurbishment and comfortable access to urban infrastructure.

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
  • two terraces
  • elevator
  • east/west aspect
  • close to kindergartens
Cons
  • needs renovation
  • 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. What is the scope of the work, and are there hidden problems with the wiring or plumbing?

    Because: The listing states that the property needs renovation.

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

    Because: Prefabricated panel construction.

  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

  • corridor
  • living room
  • bedroom
  • kitchen
  • terrace
  • terrace
  • bathroom
  • toilet

Amenities

  • Elevator
  • With Parking
  • Access Control
  • Needs Renovation

Exposure

AI summary
EEast

Morning sun, cooler afternoons

WWest

Afternoon and evening sun

Details

Category
Residential
Rooms
3
Bathrooms
2

Approximate location

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

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