Four-room apartment with two terraces in Tsveten district, Varna

This apartment is priced at the typical price (the median) for comparable properties — 1,916 €/m² against 1,984 €/m².

The offered property is a four-room apartment in the city of Varna, in the Tsveten district, on Podvis St. The apartment is located on the top, eighth floor of a prefab panel building from 1970 with a total area of 86 sq m.

The layout includes a bright living room, kitchen, two bedrooms, bathroom, toilet and two terraces with north and south aspect, providing good natural light and ventilation options. The apartment is offered partially furnished.

The building is prefab panel construction, typical for the period of construction, with the floor being top, which can be an advantage for quietness but also a factor for checking the condition of the roof and common areas.

The location is well connected with proximity to First Language High School, kindergartens, supermarkets and public transport stops, facilitating daily life and providing conveniences for families and investors.

The property is suitable for family residence or investment for rental purposes, combining functional layout and urban area conveniences.

With 20% down over 20 years the monthly mortgage payment is about 816 €, against an expected local rent of 685 €. The rent covers 84% of it.

This property is advertised in 2 offers from 2 different sellers. The gap between the cheapest and the dearest is 30,000 €. It has been listed for 239 days. The asking price has fallen by 32,000 € (15.5%) since it was first listed.

Source: Market statistics for 4-room apartments in Cveten Kvartal