+34% above market
median 1,463 €/m² for comparable properties
149,900 € 1,611 €/m²
Rent covers ~ 75% of the payment
~ 500 €/mo rent · you top up ~ 165 €/mo
Sale182,000 €1,857 €/m²
Expected rent500 € /mo
~38,500 € ABOVE MARKET
overpriced
against the median for 3-room apartments in Vladislav Varnenchik 1 (298 properties)
Area
98 m²
Floor
8 / 9
Construction
Brick
Year
2024
Yield analysis
Low investment rating
Monthly payment807 €20% down payment · 20 yrs · 3%
Expected rent500 €at market conditions for the neighbourhood
The rent covers 62% of the payment — you top up about 307 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 30 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.
Price history
2 changes since listing▼ 2.7% · 5,000 €
- 187,000 €
- 186,800 €▼ 200 € (0.1%)
- 182,000 €▼ 4,800 € (2.6%)
Property analysis
This apartment is priced about 38,500 € above the typical price (the median) for 3-room apartments in Vladislav Varnenchik 1 (298 properties) — 1,857 €/m² against 1,463 €/m².
The offered property is a three-room apartment with an area of 98 sq m, located in Varna, Vladislav Varnenchik district. The layout includes a spacious living room with a kitchenette and access to a panoramic terrace with a south aspect, two bedrooms with access to a second terrace, and sanitary facilities. The apartment is in a new brick building from 2024, on the eighth of nine floors, with an elevator and controlled access. The building is situated in the central part of the district, close to schools, kindergartens, shops, and transport connections. The property is suitable for family living with convenient access to urban infrastructure and a functional layout.
With 20% down over 20 years the monthly mortgage payment is about 807 €, against an expected local rent of 500 €. The rent covers 62% of it.
The asking price has fallen by 5,000 € (2.7%) since it was first listed.
Source: Market statistics for 3-room apartments in Vladislav Varnenchik 1
Pros and cons
AI summaryPros
- functional layout
- south aspect
- new brick building
- elevator and controlled access
Cons
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
Questions for the viewing
Only on imotesaDerived from this specific property's data — not a generic checklist. Take them with you.
Is there still room to negotiate, and why has it not sold yet?
Because: The price has been cut 2 times — about 3% below the original asking price.
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
- bedroom
Amenities
- Elevator
- Internet Connection
- Access Control
- Renovated
Exposure
AI summarySSouth
Maximum sunlight throughout the day
WWest
Afternoon and evening sun
Details
- Category
- Residential
- Rooms
- 3
- Bathrooms
- 1
Location
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