Sale

Spacious 3-room apartment with two terraces in Vladislav Varnenchik 2

VarnaVladislav Varnenchik 2
Published: 6 February 2026 Updated: 30 September 2026
Sale124,990 €1,190 €/m²
Expected rent652 € /mo

~36,500 € BELOW MARKET

good value

against the median for 3-room apartments in Vladislav Varnenchik 2 (32 properties)

Area
105 m²
Floor
4 / 5
Construction
Panel
Year
2026

Yield analysis

Good investment rating

6.3% / yr
Monthly payment555 €20% down payment · 20 yrs · 3%
Expected rent652 €at market conditions for the neighbourhood

The rent covers 118% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 16 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 36,500 € below the typical price (the median) for 3-room apartments in Vladislav Varnenchik 2 (32 properties) — 1,190 €/m² against 1,540 €/m².

The offered property is a 3-room apartment with an area of 105 sq m, located in the Vladislav Varnenchik 2 district, Varna. The building is new-build with planned completion in 2026 and has an elevator.

The apartment includes a living room with a kitchenette of about 25 sq m, two bedrooms, with the master bedroom around 18 sq m and the children's bedroom around 12 sq m. There are two terraces, a bathroom with toilet, and a separate toilet, providing convenience for the household.

The building is prefab panel, new-build, which guarantees modern standards for energy efficiency and low maintenance costs. There is an option to purchase a parking space or garage, as well as a basement for additional storage.

The district offers good infrastructure with shops, schools, kindergartens, and convenient public transport. The green areas in the vicinity contribute to a comfortable living environment.

The property is suitable both for personal use and as an investment with potential for stable income.

With 20% down over 20 years the monthly mortgage payment is about 555 €, against an expected local rent of 652 €. The rent covers the whole payment (118%).

Source: Market statistics for 3-room apartments in Vladislav Varnenchik 2

Pros and cons

AI summary
Pros
  • functional layout
  • two terraces
  • new-build
  • good infrastructure
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 imotesa

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

  1. Why is this priced below comparable properties? Is there anything that could affect the sale?

    Because: The price per m² is about 23% below the average for comparable properties.

  2. What feedback have previous viewers given?

    Because: We have been tracking this listing for about 238 days.

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

    Because: Prefabricated panel construction.

  4. Has Act 16 been issued, and what guarantees cover the common parts?

    Because: The building dates from 2026.

  5. Is there a lift in the building, and what condition is it in?

    Because: The property is on floor 4 and the listing does not mention a lift.

Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.

Layout

  • living room with kitchenette about 25 sq m
  • master bedroom about 18 sq m
  • children's bedroom about 12 sq m

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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