+31% above market
median 2,292 €/m² for comparable properties
89,990 € 2,999 €/m²
Rent covers ~ 87% of the payment
~ 346 €/mo rent · you top up ~ 53 €/mo
Sale420,000 €2,153 €/m²
Expected rent594 € /mo
AT MARKET LEVEL
fairly priced
against the median for apartments in Hei (44 properties)
Area
195 m²
Floor
5 / 5
Construction
Brick
Year
2005
Yield analysis
Low investment rating
Monthly payment1,863 €20% down payment · 20 yrs · 3%
Expected rent594 €at market conditions for the neighbourhood
The rent covers 32% of the payment — you top up about 1,269 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 59 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.
Price history
1 change since listing▼ 6.7% · 30,000 €
- 450,000 €
- 420,000 €▼ 30,000 € (6.7%)
Property analysis
This apartment is priced at the typical price (the median) for apartments in Hei (44 properties) — 2,153 €/m² against 2,292 €/m².
The penthouse is located in the city of Varna, HIE district, on the top fifth floor of a residential building with an elevator. The property occupies an entire floor and includes a garage and a basement storage room.
The layout was created by combining two apartments, with two spacious terraces and two glazed balconies, providing dual aspect and good natural light.
The building is brick from 2005, and the property is finished turnkey, never inhabited, and equipped with all necessary amenities such as internet and a parking space.
The location is in a prestigious area with quick access to the city center, Sea Garden, and the beach, as well as schools, shops, and medical facilities.
The property is suitable for residence or office use, combining urban living conveniences with privacy and spaciousness.
With 20% down over 20 years the monthly mortgage payment is about 1,863 €, against an expected local rent of 594 €. The rent covers 32% of it.
The asking price has fallen by 30,000 € (6.7%) since it was first listed.
Pros and cons
AI summaryPros
- functional layout
- elevator to apartment
- garage with notarial deed
- dual aspect
Cons
- top floor
Questions for the viewing
Only on imotesaDerived from this specific property's data — not a generic checklist. Take them with you.
Is there still room to negotiate?
Because: The price has been cut once, by about 7%.
What condition is the roof in, and does it overheat in summer?
Because: The property is on the top floor.
Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.
Layout
- penthouse 194.68 sq m
Amenities
- Elevator
- With Parking
- Internet Connection
Exposure
AI summarySSouth
Maximum sunlight throughout the day
NNorth
Even light, cooler during summer
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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