Sale

Four-room apartment in the centre of Varna with attic room

VarnaCentyr
Published: 9 June 2026 Updated: 4 August 2026
Sale289,000 €2,890 €/m²
Expected rent1,001 € /mo

~39,000 € ABOVE MARKET

above market

against the median for 4-room apartments in Centyr (102 properties)

Area
100 m²
Floor
3 / 5
Construction
Brick
Year
1950

Yield analysis

Fair investment rating

4.2% / yr
Monthly payment1,282 €20% down payment · 20 yrs · 3%
Expected rent1,001 €at market conditions for the neighbourhood

The rent covers 78% of the payment — you top up about 281 €/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▼ 3.3% · 10,000 €
  1. 299,000 €2 June 2026Initial price
  2. 289,000 €▼ 10,000 € (3.3%) 4 August 2026Price reducedCurrent

Property analysis

This apartment is priced about 39,000 € above the typical price (the median) for 4-room apartments in Centyr (102 properties) — 2,890 €/m² against 2,500 €/m².

The apartment is located in the city of Varna, in the Municipality area, on the third floor of a five-storey brick building. The layout includes a corridor, living room, living area with kitchenette, two bedrooms, bathroom and toilet in separate rooms, as well as two terraces. The property has west, south and north aspects, providing varied natural lighting. The building is monolithic concrete and insulated, but the apartment itself needs renovation. The property includes an adjoining attic room and a basement, adding extra storage space. The location is central, with easy access to urban infrastructure and services. The property is suitable for those seeking a spacious apartment in the centre with the possibility to renovate according to personal preferences.

With 20% down over 20 years the monthly mortgage payment is about 1,282 €, against an expected local rent of 1,001 €. The rent covers 78% of it.

The asking price has fallen by 10,000 € (3.3%) since it was first listed.

Source: Market statistics for 4-room apartments in Centyr

Pros and cons

AI summary
Pros
  • central location
  • four separate rooms
  • insulated building
  • adjoining attic room and basement
Cons
  • needs renovation
  • no elevator

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?

    Because: The price has been cut once, by about 3%.

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

    Because: The building dates from 1950 — about 76 years old.

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

Layout

  • corridor
  • living room
  • living area
  • bedroom
  • bedroom
  • bathroom
  • toilet

Amenities

  • With Transition
  • Renovated
  • Needs Renovation

Exposure

AI summary
SSouth

Maximum sunlight throughout the day

NNorth

Even light, cooler during summer

WWest

Afternoon and evening sun

Details

Category
Residential
Rooms
4
Bathrooms
2

Approximate location

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

Similar properties nearby