Sale

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

VarnaLevski 1
Published: 6 April 2026 Updated: 22 September 2026
Sale240,000 €1,714 €/m²
Expected rent817 € /mo

~22,000 € BELOW MARKET

good value

against the median for 4-room apartments in Levski 1 (45 properties)

Area
140 m²
Floor
4 / 17
Construction
EPC
Year
1980

Yield analysis

Fair investment rating

4.1% / yr
Monthly payment1,065 €20% down payment · 20 yrs · 3%
Expected rent817 €at market conditions for the neighbourhood

The rent covers 77% of the payment — you top up about 248 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 24 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.

Price history

4 changes since listing▼ 14.3% · 40,000 €
  1. 280,000 €6 July 2026Initial price
  2. 265,000 €▼ 15,000 € (5.4%) 11 July 2026Price reduced
  3. 260,000 €▼ 5,000 € (1.9%) 9 August 2026Price reduced
  4. 250,000 €▼ 10,000 € (3.8%) 7 September 2026Price reduced
  5. 240,000 €▼ 10,000 € (4%) 22 September 2026Price reducedCurrent

Property analysis

This apartment is priced about 22,000 € below the typical price (the median) for 4-room apartments in Levski 1 (45 properties) — 1,714 €/m² against 1,872 €/m².

4-room apartment in Levski 1 district, Varna city, near the Technical University.

The layout includes a spacious living room, separate kitchen, three independent bedrooms, bathroom, separate toilet, laundry room and corridor with built-in wardrobes. The property features a large terrace accessible from all rooms and a south-west aspect.

The building dates from 1980, with an EPK prefab structure, has two elevators and access control. The property needs renovation, has internet available and a basement of about 10 sq m.

The location is convenient, close to the university and with free parking in the district.

Suitable for a large family or for renting out, combining functionality and convenience in an urban environment.

With 20% down over 20 years the monthly mortgage payment is about 1,065 €, against an expected local rent of 817 €. The rent covers 77% of it.

The asking price has fallen by 40,000 € (14.3%) since it was first listed.

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

Pros and cons

AI summary
Pros
  • functional layout
  • large terrace
  • south-west aspect
  • elevator and access control
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. Is there still room to negotiate, and why has it not sold yet?

    Because: The price has been cut 4 times — about 14% below the original asking price.

  2. 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.

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

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

Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.

Layout

  • living room
  • kitchen
  • bedroom
  • bedroom
  • bedroom

Amenities

  • Elevator
  • Internet Connection
  • Access Control
  • Needs Renovation

Details

Category
Residential
Rooms
4
Bathrooms
2
Furnishing
Yes

Location

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