Sale

4-room apartment in Levski with two terraces in Varna

VarnaLevski 1
Published: 3 June 2026 Updated: 30 September 2026
Sale227,000 €2,467 €/m²
Expected rent817 € /mo

~55,000 € ABOVE MARKET

overpriced

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

Area
92 m²
Floor
3 / 9
Construction
Panel
Year
1991

Yield analysis

Fair investment rating

4.3% / yr
Monthly payment1,007 €20% down payment · 20 yrs · 3%
Expected rent817 €at market conditions for the neighbourhood

The rent covers 81% of the payment — you top up about 190 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 23 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.

Price history

2 changes since listing▼ 2.2% · 5,000 €
  1. 232,000 €3 June 2026Initial price
  2. 227,600 €▼ 4,400 € (1.9%) 21 July 2026Price reduced
  3. 227,000 €▼ 600 € (0.3%) 30 September 2026Price reducedCurrent

Property analysis

This apartment is priced about 55,000 € above the typical price (the median) for 4-room apartments in Levski 1 (46 properties) — 2,467 €/m² against 1,872 €/m².

Apartment with 4 rooms, located in the Levski district of Varna. It is situated on the third floor of a nine-storey prefab panel building from 1991.

The layout includes an L-shaped corridor, kitchen with dining area and access to a spacious glazed terrace, three bedrooms measuring 14, 18 and 25 sq m, a second balcony adjoining two of the bedrooms, a storage room, bathroom, toilet and an adjacent basement.

The building has external and internal insulation, replaced plumbing and electrical installations, an elevator and a parking space are available.

Levski district is well developed with quick access to the city centre, educational institutions, healthcare services and green areas, suitable for families.

The property is functional and move-in ready, suitable for family use with a convenient location and good infrastructure.

With 20% down over 20 years the monthly mortgage payment is about 1,007 €, against an expected local rent of 817 €. The rent covers 81% of it.

This property is advertised in 2 offers, all from the same agency. The gap between the cheapest and the dearest is 600 €. It has been listed for 121 days. The asking price has fallen by 5,000 € (2.2%) since it was first listed.

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

Pros and cons

AI summary
Pros
  • functional layout
  • two terraces
  • elevator
  • parking space
Cons
  • prefab panel construction

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 2 times — about 2% below the original asking price.

  2. Who am I negotiating with, and who is authorised to agree a price?

    Because: The property appears in 2 listings at the same price.

  3. Has the block been insulated under the renovation programme, and is there paperwork for it?

    Because: Prefabricated panel construction.

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

Layout

  • corridor
  • kitchen
  • dining area
  • bedroom
  • bedroom
  • bedroom
  • balcony
  • bathroom
  • toilet

Amenities

  • Elevator
  • With Parking

Details

Category
Residential
Rooms
4
Bathrooms
2
Furnishing
Yes

Approximate location

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

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