Sale

Four-room apartment with two balconies in Okrazhna bolnitsa, Varna

VarnaOkryjna Bolnica-Generali
Published: 1 September 2026 Updated: 9 September 2026
Sale270,000 €3,000 €/m²
Expected rent861 € /mo

~79,000 € ABOVE MARKET

overpriced

against the median for 4-room apartments in Okryjna Bolnica-Generali (25 properties)

Area
90 m²
Floor
5 / 8
Construction
Panel
Year
1980

Yield analysis

Low investment rating

3.8% / yr
Monthly payment1,198 €20% down payment · 20 yrs · 3%
Expected rent861 €at market conditions for the neighbourhood

The rent covers 72% of the payment — you top up about 337 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 26 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 79,000 € above the typical price (the median) for 4-room apartments in Okryjna Bolnica-Generali (25 properties) — 3,000 €/m² against 2,120 €/m².

Four-room apartment in Varna city, Okrazhna bolnitsa-Generali district.

The layout includes a corridor, kitchen, dining room, living room, two separate bedrooms, storage room, bathroom with toilet and two balconies, providing functional use of the space.

The property is in a prefab panel block from 1980, on the 5th floor of 8, with maintained condition and an adjacent basement of 7 sq m.

The location is well connected with proximity to schools, kindergartens, shops and public transport.

Suitable as a family home with a balanced combination of convenience and practicality.

With 20% down over 20 years the monthly mortgage payment is about 1,198 €, against an expected local rent of 861 €. The rent covers 72% of it.

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

Pros and cons

AI summary
Pros
  • functional layout
  • two balconies
  • adjacent basement
  • well connected area
Cons
  • prefab panel construction
  • no elevator (unspecified)
  • lack of additional amenities

Questions for the viewing

Only on imotesa

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

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

    Because: Prefabricated panel construction.

  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 5 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

  • corridor
  • kitchen
  • dining room
  • living room
  • bedroom
  • bedroom

Details

Category
Residential
Rooms
4
Bathrooms
1

Approximate location

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

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