Sale

Four-room apartment in Varna Center with terrace

VarnaCentyr
Published: 8 August 2026 Updated: 8 August 2026
Sale480,000 €3,582 €/m²
Expected rent990 € /mo

~141,000 € ABOVE MARKET

overpriced

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

Area
134 m²
Floor
3 / 4
Construction
Brick
Year
1970

Yield analysis

Low investment rating

2.5% / yr
Monthly payment2,130 €20% down payment · 20 yrs · 3%
Expected rent990 €at market conditions for the neighbourhood

The rent covers 46% of the payment — you top up about 1,140 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 40 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 141,000 € above the typical price (the median) for 4-room apartments in Centyr (102 properties) — 3,582 €/m² against 2,529 €/m².

Four-room apartment with an area of 134 sq m, located in the center of Varna, near Cherno More hotel. The property is on the third floor of a four-storey brick building without an elevator.

The layout includes four rooms and a terrace on an intermediate floor, which is part of the notary deed, as well as an ideal part of a yard with a structure. The apartment is suitable for full renovation and remodeling according to needs.

The building is brick from 1970, without an elevator, and the property requires complete modernization and updating of installations.

The location is extremely central, close to the pedestrian zone, Sea Garden and the beach, providing convenient access to urban infrastructure and services. Parking is organized through a blue zone.

The property is suitable both as a private residence and as an investment with rental potential in one of the most sought-after areas of Varna.

With 20% down over 20 years the monthly mortgage payment is about 2,130 €, against an expected local rent of 990 €. The rent covers 46% of it.

Source: Market statistics for 4-room apartments in Centyr

Pros and cons

AI summary
Pros
  • central location
  • brick construction
  • terrace
  • yard
Cons
  • full 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. Have the risers been replaced, and when was the roof last repaired?

    Because: The building dates from 1970 — about 56 years old.

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

Layout

  • bedroom
  • bedroom
  • bedroom
  • bedroom

Details

Category
Residential
Rooms
4

Approximate location

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

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