Sale

Three-room apartment in Vazrazhdane 2 with full renovation

VarnaVyzrajdane 2
Published: 9 June 2026 Updated: 6 September 2026
Sale154,900 €2,498 €/m²
Expected rent685 € /mo

~45,000 € ABOVE MARKET

overpriced

against the median for 3-room apartments in Vyzrajdane 2 (109 properties)

Area
62 m²
Floor
6 / 8
Construction
Panel
Year
1980

Yield analysis

Fair investment rating

5.3% / yr
Monthly payment687 €20% down payment · 20 yrs · 3%
Expected rent685 €at market conditions for the neighbourhood

The rent covers 100% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 19 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.

Price history

5 changes since listing▼ 6.1% · 10,000 €
  1. 164,900 €9 June 2026Initial price
  2. 159,900 €▼ 5,000 € (3%) 6 July 2026Price reduced
  3. 160,000 €▲ 100 € (0.1%) 8 July 2026Price increased
  4. 159,500 €▼ 500 € (0.3%) 27 July 2026Price reduced
  5. 154,900 €▼ 4,600 € (2.9%) 7 August 2026Price reduced
  6. 154,900 €▲ 0 € (0%) 6 September 2026Price increasedCurrent

Property analysis

This apartment is priced about 45,000 € above the typical price (the median) for 3-room apartments in Vyzrajdane 2 (109 properties) — 2,539 €/m² against 1,773 €/m².

Three-room apartment with an area of 62 sq m, located in Varna city, Vazrazhdane 2 district. The layout includes two separate bedrooms, a spacious living room with a kitchen area, and a storage room with connections for a washing machine and dryer. The apartment is on the 6th floor of 8 in a prefab panel building with an elevator and controlled access. A full renovation has been carried out including replacement of plumbing and electrical installations, new interior doors, and flooring. Vazrazhdane 2 district offers amenities and access to urban infrastructure. The property is suitable as a family home or investment, ready to move in.

With 20% down over 20 years the monthly mortgage payment is about 687 €, against an expected local rent of 685 €. The rent covers the whole payment (100%).

This property is advertised in 2 offers from 2 different sellers. The gap between the cheapest and the dearest is 5,100 €. It has been listed for 116 days. The asking price has fallen by 10,000 € (6.1%) since it was first listed.

Source: Market statistics for 3-room apartments in Vyzrajdane 2

Pros and cons

AI summary
Pros
  • full renovation
  • elevator
  • controlled access
  • functional layout
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. Which price is the real one, and who am I negotiating with?

    Because: The property appears in 2 listings, and the prices differ by about 3%.

  2. Is there still room to negotiate, and why has it not sold yet?

    Because: The price has been cut 3 times — about 6% below the original asking price.

  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

  • bedroom
  • bedroom
  • living room

Amenities

  • Elevator
  • Access Control
  • Renovated
  • With Parking

Details

Category
Residential
Rooms
3
Bathrooms
1

Approximate location

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

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