Sale

Four-room apartment in the center of Varna with terrace

VarnaCentyr
Published: 1 October 2026 Updated: 1 October 2026
Sale412,000 €3,218 €/m²
Expected rent1,001 € /mo

~92,000 € ABOVE MARKET

overpriced

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

Area
128 m²
Floor
3 / 4
Construction
Brick
Year
1960

Yield analysis

Low investment rating

2.9% / yr
Monthly payment1,828 €20% down payment · 20 yrs · 3%
Expected rent1,001 €at market conditions for the neighbourhood

The rent covers 55% of the payment — you top up about 827 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 34 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.

Property analysis

This apartment is priced about 92,000 € above the typical price (the median) for 4-room apartments in Centyr (102 properties) — 3,218 €/m² against 2,500 €/m².

The apartment is located in the city of Varna, in the ideal center, close to key locations such as Hotel Cherno More and Knyaz Boris I Blvd.

The layout includes a spacious living room with a kitchenette and access to a terrace with an east aspect, three bedrooms, two of which are combined, and a bathroom with toilet.

The building is brick from 1960, with concrete slabs, and the property is undergoing full renovation with replaced plumbing and PVC windows.

The location is central, with convenient access to pedestrian zones and urban infrastructure.

The property is suitable for permanent residence or investment, combining functionality and convenience in the urban environment.

With 20% down over 20 years the monthly mortgage payment is about 1,828 €, against an expected local rent of 1,001 €. The rent covers 55% of it.

Source: Market statistics for 4-room apartments in Centyr

Pros and cons

AI summary
Pros
  • functional layout
  • central location
  • PVC windows
  • external thermal insulation
Cons
  • in need of full renovation

Questions for the viewing

Only on imotesa

Derived from this specific property's data — not a generic checklist. Take them with you.

  1. 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.

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

    Because: The building dates from 1960 — about 66 years old.

  3. Is there enough daylight during the day?

    Because: The advertised exposure has no southern side.

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 (about 30 sq m)
  • bedroom (16 sq m)
  • bedroom (18 sq m)
  • bedroom (16 sq m)

Amenities

  • Needs Renovation
  • Renovated

Exposure

AI summary
EEast

Morning sun, cooler afternoons

WWest

Afternoon and evening sun

Details

Category
Residential
Rooms
4
Bathrooms
1

Approximate location

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

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