At market level
median 1,897 €/m² for comparable properties
220,000 € 2,037 €/m²
Rent covers ~ 58% of the payment
~ 567 €/mo rent · you top up ~ 409 €/mo
Sale195,900 €2,277 €/m²
Expected rent506 € /mo
~31,500 € ABOVE MARKET
above market
against the median for apartments in Cveten Kvartal (251 properties)
Area
86 m²
Floor
6 / 8
Construction
Panel
Year
1980
Heating
Gas
Yield analysis
Low investment rating
Monthly payment869 €20% down payment · 20 yrs · 3%
Expected rent506 €at market conditions for the neighbourhood
The rent covers 58% of the payment — you top up about 363 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 32 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.
Price history
12 changes since listing▼ 6.7% · 14,000 €
- 209,900 €
- 209,900 €▲ 0 € (0%)
- 209,900 €▲ 0 € (0%)
- 199,900 €▼ 10,000 € (4.8%)
- 199,900 €▲ 0 € (0%)
- 204,900 €▲ 5,000 € (2.5%)
- 189,900 €▼ 15,000 € (7.3%)
- 189,900 €▲ 0 € (0%)
- 199,900 €▲ 10,000 € (5.3%)
- 189,900 €▼ 10,000 € (5%)
- 195,900 €▲ 6,000 € (3.2%)
- 195,900 €▲ 0 € (0%)
- 195,900 €▲ 0 € (0%)
Property analysis
This apartment is priced about 31,500 € above the typical price (the median) for apartments in Cveten Kvartal (251 properties) — 2,277 €/m² against 1,914 €/m².
Apartment with an area of 86 sq m, located on the 6th floor of 8 in Tsveten kvartal, Varna.
The property has a functional layout with a living room, separate kitchen, two bedrooms, bathroom, toilet and two terraces with north/south aspect.
The building is prefab panel from 1980, with an elevator and parking space, and the apartment is after a full renovation with replaced plumbing and electrical installation.
The location is convenient, close to schools and kindergartens, in a preferred area between Levski and Tsveten.
The property is suitable for family use or investment, thanks to the actual floor area and possibilities for reconstruction.
With 20% down over 20 years the monthly mortgage payment is about 869 €, against an expected local rent of 506 €. The rent covers 58% 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 215 days. The asking price has fallen by 14,000 € (6.7%) since it was first listed.
Pros and cons
AI summaryPros
- functional layout
- two terraces
- elevator
- parking space
Cons
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
Questions for the viewing
Only on imotesaDerived from this specific property's data — not a generic checklist. Take them with you.
Is there still room to negotiate, and why has it not sold yet?
Because: The price has been cut 3 times — about 7% below the original asking price.
What feedback have previous viewers given?
Because: We have been tracking this listing for about 215 days.
Who am I negotiating with, and who is authorised to agree a price?
Because: The property appears in 3 listings at the same price.
Has the block been insulated under the renovation programme, and is there paperwork for it?
Because: Prefabricated panel construction.
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
- living room
- kitchen
- bedroom
- bedroom
- bathroom
- toilet
Amenities
- With Transition
- Elevator
- With Parking
- Access Control
- Renovated
- Tax Credit Option
Exposure
AI summarySSouth
Maximum sunlight throughout the day
NNorth
Even light, cooler during summer
Details
- Category
- Residential
- 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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