Sale

3-room apartment with large terrace in Zavod Druzhba, Varna

VarnaZavod Drujba
Published: 8 April 2026 Updated: 30 September 2026
Sale199,900 €2,221 €/m²
Expected rent685 € /mo

~49,500 € BELOW MARKET

good value

against the median for apartments in Zavod Drujba (18 properties)

Area
90 m²
Floor
1 / 8
Construction
Panel
Year
1980

Yield analysis

Fair investment rating

4.1% / yr
Monthly payment887 €20% down payment · 20 yrs · 3%
Expected rent685 €at market conditions for the neighbourhood

The rent covers 77% of the payment — you top up about 202 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 24 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.

Price history

1 change since listing▼ 4.8% · 10,100 €
  1. 210,000 €9 May 2026Initial price
  2. 199,900 €▼ 10,100 € (4.8%) 14 July 2026Price reducedCurrent

Property analysis

This apartment is priced about 49,500 € below the typical price (the median) for apartments in Zavod Drujba (18 properties) — 2,221 €/m² against 2,770 €/m².

3-room apartment in Varna, Zavod Druzhba district, near Maichin Dom.

The layout includes a living room, two bedrooms, L-shaped kitchen, entrance hall, two bathrooms, toilet, storage room and a large terrace with south-north aspect.

The building is prefab panel from 1980, with elevator and well-maintained common areas; the property has updated plumbing and electrical installations, new flooring and windows.

The location is convenient, close to the Sea Garden, public transport stops, green parking zone, kindergartens and shops.

The property is suitable for family living with good functionality and amenities in an urban environment.

With 20% down over 20 years the monthly mortgage payment is about 887 €, against an expected local rent of 685 €. The rent covers 77% of it.

The asking price has fallen by 10,100 € (4.8%) since it was first listed.

Source: Market statistics for apartments in Zavod Drujba

Pros and cons

AI summary
Pros
  • functional layout
  • large terrace
  • south / north aspect
  • elevator
Cons
  • ground floor
  • 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. Why is this priced below comparable properties? Is there anything that could affect the sale?

    Because: The price per m² is about 20% below the average for comparable properties.

  2. Is there still room to negotiate?

    Because: The price has been cut once, by about 5%.

  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.

  5. Is there damp, is there enough daylight, and what is the noise like?

    Because: The property is on the first floor.

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
  • kitchen
  • entrance hall
  • bathroom
  • bathroom
  • toilet
  • storage room
  • terrace

Amenities

  • Elevator

Exposure

AI summary
SSouth

Maximum sunlight throughout the day

NNorth

Even light, cooler during summer

Details

Category
Residential
Rooms
3
Bathrooms
2
Furnishing
Yes

Approximate location

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

Similar properties nearby