Four-room apartment with parking space in Briz, Varna

This apartment is priced about 143,000 € below the typical price (the median) for 4-room apartments in Briz (113 properties) — 1,392 €/m² against 2,415 €/m². A price this far below the market usually has a reason the listing does not mention — encumbrances or an error in the ad.

The presented property is a four-room apartment in the Briz district, Varna city. The apartment has a floor area of 140 sq m and is located on the third floor of a new brick building from 2025. The layout includes a spacious living area with kitchen section, three separate bedrooms, a bathroom with toilet, and two terraces. The building features an elevator, underground parking space, video surveillance, and access control, providing additional security and convenience. The location is quiet and peaceful, with good access to main roads, bus stops, and shops. The property is suitable both for living and investment, combining functionality and comfort in a preferred area.

With 20% down over 20 years the monthly mortgage payment is about 865 €, against an expected local rent of 1,423 €. The rent covers the whole payment (164%).

This property is advertised in 2 offers, all from the same agency. All offers are at the same price. It has been listed for 153 days. The asking price has fallen by 24,500 € (11.2%) since it was first listed.

Source: Market statistics for 4-room apartments in Briz