Sale

Three-room apartment with south aspect in Varna, Vladislav Varnenchik 2

VarnaVladislav Varnenchik 2
Published: 30 July 2026 Updated: 8 September 2026
Sale95,000 €1,583 €/m²
Expected rent652 € /mo

AT MARKET LEVEL

fairly priced

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

Area
60 m²
Floor
3 / 7
Construction
Panel
Year
1980

Yield analysis

Strong investment rating

8.2% / yr
Monthly payment421 €20% down payment · 20 yrs · 3%
Expected rent652 €at market conditions for the neighbourhood

The rent covers 155% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 12 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.

Price history

4 changes since listing▼ 6.8% · 6,900 €
  1. 101,900 €1 August 2026Initial price
  2. 117,900 €▲ 16,000 € (15.7%) 5 August 2026Price increased
  3. 109,900 €▼ 8,000 € (6.8%) 10 August 2026Price reduced
  4. 105,900 €▼ 4,000 € (3.6%) 20 August 2026Price reduced
  5. 95,000 €▼ 10,900 € (10.3%) 8 September 2026Price reducedCurrent

Property analysis

This apartment is priced at the typical price (the median) for 3-room apartments in Vladislav Varnenchik 2 (32 properties) — 1,583 €/m² against 1,540 €/m².

Three-room apartment with an area of 60 sq m in the city of Varna, Vladislav Varnenchik 2 district. The property is located on the third floor of a prefab panel building from 1980 with an elevator and access control.

The layout includes three separate rooms, providing convenience and functionality, and the aspect is south-facing, without end walls.

The building is prefab panel construction, the common areas are maintained, but the apartment needs renovation. There is a basement room with an area of 2.85 sq m.

The location is convenient, close to bus stops, shops, a polyclinic, eateries, and kindergartens.

The property is suitable for people looking for a home with renovation potential in a well-served area with good infrastructure.

With 20% down over 20 years the monthly mortgage payment is about 421 €, against an expected local rent of 652 €. The rent covers the whole payment (155%).

The asking price has fallen by 6,900 € (6.8%) since it was first listed.

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

Pros and cons

AI summary
Pros
  • functional layout
  • south aspect
  • elevator
  • access control
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. Is there still room to negotiate, and why has it not sold yet?

    Because: The price has been cut 3 times — about 7% below the original asking price.

  2. 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.

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

    Because: Prefabricated panel construction.

  4. Have the risers been replaced, and when was the roof last repaired?

    Because: The building dates from 1980 — about 46 years old.

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

Layout

  • room
  • room
  • room

Amenities

  • Elevator
  • Access Control
  • Needs Renovation

Exposure

AI summary
SSouth

Maximum sunlight throughout the day

Details

Category
Residential
Rooms
3

Approximate location

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

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