Two-room penthouse with 4 rooms in the center of Varna with sea view

This apartment is priced about 202,500 € below the typical price (the median) for 4-room apartments in Centyr (102 properties) — 1,396 €/m² against 2,529 €/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 apartment is located in the city of Varna, in the central part of the city, situated on the 6th and 7th floors of a seven-storey building.

The layout includes a spacious kitchen with dining area, living room, three bedrooms, two bathrooms with toilets, a walk-in closet, and a total of six terraces, providing access to outdoor space from every room.

The building is brick, built in 2020, equipped with an elevator and access control. The residence has been renovated with quality materials and includes modern amenities such as air conditioning in every room and German kitchen appliances.

The location offers easy access to key city landmarks such as the Cathedral, Varna Municipality, theater, and the sea, as well as schools, kindergartens, and transport connections.

The property is suitable for living in the city center with conveniences for family life and comfortable daily living.

With 20% down over 20 years the monthly mortgage payment is about 1,109 €, against an expected local rent of 990 €. The rent covers 89% of it.

This property is advertised in 2 offers, all from the same agency. The gap between the cheapest and the dearest is 70,000 €. It has been listed for 280 days. The asking price has fallen by 70,000 € (21.9%) since it was first listed.

Source: Market statistics for 4-room apartments in Centyr