Sale

4-bedroom apartment in Varna, Zavod Drujba

VarnaZavod Drujba
Published: 5 January 2026 Updated: 9 September 2026
Sale207,000 €2,300 €/m²
Expected rent658 € /mo

~42,500 € BELOW MARKET

good value

against the median for apartments in Zavod Drujba (18 properties)

Area
90 m²
Floor
5 / 8
Construction
Brick
Year
1980

Yield analysis

Low investment rating

3.8% / yr
Monthly payment918 €20% down payment · 20 yrs · 3%
Expected rent658 €at market conditions for the neighbourhood

The rent covers 72% of the payment — you top up about 260 €/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.

Price history

2 changes since listing▼ 10% · 23,000 €
  1. 230,000 €3 July 2026Initial price
  2. 227,900 €▼ 2,100 € (0.9%) 5 August 2026Price reduced
  3. 207,000 €▼ 20,900 € (9.2%) 9 September 2026Price reducedCurrent

Property analysis

This apartment is priced about 42,500 € below the typical price (the median) for apartments in Zavod Drujba (18 properties) — 2,352 €/m² against 2,770 €/m².

With 20% down over 20 years the monthly mortgage payment is about 918 €, against an expected local rent of 658 €. The rent covers 72% of it.

This property is advertised in 3 offers from 3 different sellers. The gap between the cheapest and the dearest is 20,900 €. It has been listed for 357 days. The asking price has fallen by 23,000 € (10%) since it was first listed.

Source: Market statistics for apartments in Zavod Drujba

Questions for the viewing

Only on imotesa

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

  1. Which price is the real one, and who am I negotiating with?

    Because: The property appears in 3 listings, and the prices differ by about 9%.

  2. Why is this priced below comparable properties? Is there anything that could affect the sale?

    Because: The price per m² is about 15% below the average for comparable properties.

  3. Is there still room to negotiate, and why has it not sold yet?

    Because: The price has been cut 2 times — about 10% below the original asking price.

  4. 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.

Amenities

  • Elevator
  • Access Control

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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