Sale

One-room apartment 36 sq m in Levski, Varna on the ground floor

VarnaLevski 1
Published: 30 March 2026 Updated: 18 September 2026
Sale54,000 €1,500 €/m²
Expected rent321 € /mo

~11,500 € BELOW MARKET

good value

against the median for 1-room apartments in Levski 1 (19 properties)

Area
36 m²
Floor
0 / 1
Construction
Brick
Year
1993

Yield analysis

Good investment rating

7.1% / yr
Monthly payment240 €20% down payment · 20 yrs · 3%
Expected rent321 €at market conditions for the neighbourhood

The rent covers 134% 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.

Price history

1 change since listing▼ 6.1% · 3,500 €
  1. 57,500 €6 May 2026Initial price
  2. 54,000 €▼ 3,500 € (6.1%) 23 July 2026Price reducedCurrent

Property analysis

This apartment is priced about 11,500 € below the typical price (the median) for 1-room apartments in Levski 1 (19 properties) — 1,500 €/m² against 1,822 €/m².

One-room apartment with an area of 36 sq m, located in the Levski district of Varna. The property is on the ground floor of a brick building from 1993.

The layout consists of one main room with the potential to be converted into a two-room apartment or office, with the possibility to build a sanitary unit. The attic space with a height of 1.60 m can be used as storage.

The building is brick and has separate electricity and water meters, with no additional amenities mentioned in the description.

The location is on a busy street near the Second Campus of VINS, the dormitories of the Technical University, and a public transport stop, providing good communication and accessibility.

The property is suitable for various functional purposes – residential, office, or garage – offering flexibility according to the buyer's needs.

With 20% down over 20 years the monthly mortgage payment is about 240 €, against an expected local rent of 321 €. The rent covers the whole payment (134%).

The asking price has fallen by 3,500 € (6.1%) since it was first listed.

Source: Market statistics for 1-room apartments in Levski 1

Pros and cons

AI summary
Pros
  • functional layout
  • separate meters
  • conversion potential
Cons
  • ground floor
  • 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. Why is this priced below comparable properties? Is there anything that could affect the sale?

    Because: The price per m² is about 18% below the average for comparable properties.

  2. What feedback have previous viewers given?

    Because: We have been tracking this listing for about 186 days.

  3. Is there still room to negotiate?

    Because: The price has been cut once, by about 6%.

Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.

Layout

  • one-room 36 sq m

Details

Category
Residential
Rooms
1

Approximate location

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

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