Four-room apartment in Center, Varna with terrace

This apartment is priced about 162,500 € above the typical price (the median) for 4-room apartments in Centyr (102 properties) — 3,731 €/m² against 2,520 €/m².

4-room apartment in Varna city, Center district, near Cherno More Hotel. Located on the 3rd of 4 floors in a brick building.

The layout includes a living room with kitchenette and access to a terrace, three bedrooms, a bathroom, and a corridor. The aspect is east-west, providing good natural light.

The building has a brick and reinforced concrete structure, and the apartment is undergoing full renovation with replaced plumbing and sewage, new windows, and thermal insulation on the west facade.

The location is in the ideal center of Varna, with convenient access to the pedestrian zone and city infrastructure. Around the building there is also a shared part of the yard included in the notary deed.

The property is suitable both for living and for investment with potential for rental or office use, requiring finishing works by the new owner.

With 20% down over 20 years the monthly mortgage payment is about 2,218 €, against an expected local rent of 993 €. The rent covers 45% of it.

Source: Market statistics for 4-room apartments in Centyr