Sale

3-bedroom apartment in Varna, Zavod Drujba

VarnaZavod Drujba
Published: 1 April 2026 Updated: 5 September 2026
Sale160,500 €2,469 €/m²
Expected rent627 € /mo

~40,000 € ABOVE MARKET

overpriced

against the median for 3-room apartments in Zavod Drujba (50 properties)

Area
65 m²
Floor
4 / 6
Construction
Panel
Year
1980

Yield analysis

Fair investment rating

4.7% / yr
Monthly payment712 €20% down payment · 20 yrs · 3%
Expected rent627 €at market conditions for the neighbourhood

The rent covers 88% of the payment — you top up about 85 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 21 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.

Price history

3 changes since listing▼ 6.2% · 10,000 €
  1. 161,000 €8 April 2026Initial price
  2. 160,900 €▼ 100 € (0.1%) 5 May 2026Price reduced
  3. 160,500 €▼ 400 € (0.2%) 7 May 2026Price reduced
  4. 151,000 €▼ 9,500 € (5.9%) 6 June 2026Price reducedCurrent

Property analysis

This apartment is priced about 40,000 € above the typical price (the median) for 3-room apartments in Zavod Drujba (50 properties) — 2,360 €/m² against 1,855 €/m².

With 20% down over 20 years the monthly mortgage payment is about 712 €, against an expected local rent of 627 €. The rent covers 88% of it.

The asking price has fallen by 10,000 € (6.2%) since it was first listed.

Source: Market statistics for 3-room apartments in Zavod Drujba

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 6% below the original asking price.

  2. What feedback have previous viewers given?

    Because: We have been tracking this listing for about 270 days.

  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.

Amenities

  • Elevator
  • Access Control
  • Tax Credit Option
  • Renovated

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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