Sale

Four-room apartment with three terraces in Vladislav Varnenchik, Varna

VarnaVladislav Varnenchik 2
Published: 8 August 2026 Updated: 8 August 2026
Sale109,000 €1,038 €/m²
Expected rent652 € /mo

~33,500 € BELOW MARKET

good value

against the median for 4-room apartments in Vladislav Varnenchik 2 (10 properties)

Area
105 m²
Floor
7 / 14
Construction
EPC
Year
1980

Yield analysis

Good investment rating

7.2% / yr
Monthly payment484 €20% down payment · 20 yrs · 3%
Expected rent652 €at market conditions for the neighbourhood

The rent covers 135% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 14 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 33,500 € below the typical price (the median) for 4-room apartments in Vladislav Varnenchik 2 (10 properties) — 1,038 €/m² against 1,358 €/m².

The apartment is located in the city of Varna, Vladislav Varnenchik 2 district, on the seventh floor of 14 in a residential building. It has four rooms, including two bedrooms, a living room, kitchen, and storage room. The property has three terraces, one of which offers a panoramic view of the city and Varna Lake. The building was constructed in 1980 with energy-efficient construction (EPC) and has an elevator. The apartment requires renovation, providing an opportunity for customization according to the needs of the new owner. The location is in a well-developed district with convenient access to urban infrastructure and parking available. The property is suitable for those seeking a spacious residential option with potential for refurbishment in an urban environment.

With 20% down over 20 years the monthly mortgage payment is about 484 €, against an expected local rent of 652 €. The rent covers the whole payment (135%).

Source: Market statistics for 4-room apartments in Vladislav Varnenchik 2

Pros and cons

AI summary
Pros
  • spacious rooms
  • three terraces
  • elevator
  • parking space
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. Why is this priced below comparable properties? Is there anything that could affect the sale?

    Because: The price per m² is about 24% below the average for comparable properties.

  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

  • bedroom
  • bedroom
  • living room
  • kitchen
  • storage room
  • bathroom
  • toilet

Amenities

  • Elevator
  • With Parking
  • 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.

Similar properties nearby