Sale

4-room apartment near Okrazhna Hospital in Varna with terrace

VarnaOkryjna Bolnica-Generali
Published: 2 June 2026 Updated: 8 September 2026
Sale299,000 €2,693 €/m²
Expected rent718 € /mo

AT MARKET LEVEL

fairly priced

against the median for 4-room apartments in Okryjna Bolnica-Generali (102 properties)

Area
111 m²
Floor
2 / 4
Construction
Brick
Year
1960

Yield analysis

Low investment rating

2.9% / yr
Monthly payment1,327 €20% down payment · 20 yrs · 3%
Expected rent718 €at market conditions for the neighbourhood

The rent covers 54% of the payment — you top up about 609 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 35 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 at the typical price (the median) for 4-room apartments in Okryjna Bolnica-Generali (102 properties) — 2,693 €/m² against 2,520 €/m².

4-room apartment in Varna, Okrazhna Hospital-Generali district, close to the Sea Garden and administrative offices.

The layout includes an entrance hall, living area with kitchen and pantry, three bedrooms, two of which have access to the terrace, a large bathroom and a separate toilet. The property also has an attic space and a basement.

The building is brick, built in 1960, currently undergoing insulation works to improve energy efficiency. The apartment is on the second floor of four, above commercial premises.

The location is convenient, with easy access to the city centre and green areas, suitable for living or investment.

The property is suitable for family use or rental, combining functionality and convenience in an urban environment.

With 20% down over 20 years the monthly mortgage payment is about 1,327 €, against an expected local rent of 718 €. The rent covers 54% of it.

This property is advertised in 3 offers, all from the same agency. All offers are at the same price. It has been listed for 122 days.

Source: Market statistics for 4-room apartments in Okryjna Bolnica-Generali

Pros and cons

AI summary
Pros
  • functional layout
  • terrace
  • building insulation
  • additional spaces
Cons
  • needs renovation
  • 2nd floor of 4
  • older building

Questions for the viewing

Only on imotesa

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

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

    Because: The property appears in 3 listings at the same 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 1960 — about 66 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 area
  • bedroom
  • bedroom
  • bedroom

Amenities

  • With Parking
  • Access Control
  • Renovated
  • Needs Renovation

Details

Category
Residential
Rooms
4
Bathrooms
2

Approximate location

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

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