Sale

4-room apartment with large terrace in Levski 1, Varna

VarnaLevski 1
Published: 27 July 2026 Updated: 3 September 2026
Sale262,999 €2,286 €/m²
Expected rent817 € /mo

~47,500 € ABOVE MARKET

overpriced

against the median for 4-room apartments in Levski 1 (46 properties)

Area
115 m²
Floor
4 / 16
Construction
EPC
Year
1980

Yield analysis

Low investment rating

3.7% / yr
Monthly payment1,167 €20% down payment · 20 yrs · 3%
Expected rent817 €at market conditions for the neighbourhood

The rent covers 70% of the payment — you top up about 350 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 27 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 47,500 € above the typical price (the median) for 4-room apartments in Levski 1 (46 properties) — 2,286 €/m² against 1,872 €/m².

4-room apartment in the Levski 1 district, Varna, located on the 4th floor of 16. The total area is 115 sq m, plus a large terrace of about 30-40 sq m and a 10 sq m basement.

The layout is functional and without walk-through rooms, with a spacious living room, separate kitchen, three independent bedrooms, two toilets, and a laundry room. The property has two balconies, with the main terrace accessible from all rooms.

The building has an elevator and was built in 1980. The property is in a condition that requires renovation, allowing for customization according to the needs of future occupants.

Levski 1 is a preferred residential area with good infrastructure, close to the university, shops, and transport connections.

Suitable for families seeking a spacious and bright apartment with renovation potential in a convenient urban area.

With 20% down over 20 years the monthly mortgage payment is about 1,167 €, against an expected local rent of 817 €. The rent covers 70% of it.

Source: Market statistics for 4-room apartments in Levski 1

Pros and cons

AI summary
Pros
  • functional layout
  • southwest aspect
  • large terrace
  • elevator
Cons
  • needs renovation

Questions for the viewing

Only on imotesa

Derived from this specific property's data — not a generic checklist. Take them with you.

  1. What is the scope of the work, and are there hidden problems with the wiring or plumbing?

    Because: The listing states that the property needs renovation.

  2. Have the risers been replaced, and when was the roof last repaired?

    Because: The building dates from 1980 — about 46 years old.

  3. Is there a lift in the building, and what condition is it in?

    Because: The property is on floor 4 and the listing does not mention a lift.

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
  • living room
  • kitchen
  • bathroom
  • toilet
  • toilet

Amenities

  • Needs Renovation

Details

Category
Residential
Rooms
4
Bathrooms
3

Approximate location

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

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