Sale

2-bedroom apartment in Varna, Levski 1

VarnaLevski 1
Published: 2 April 2026 Updated: 9 September 2026
Sale124,990 €2,049 €/m²
Expected rent627 € /mo

~12,000 € ABOVE MARKET

above market

against the median for 3-room apartments in Levski 1 (52 properties)

Area
61 m²
Floor
7 / 8
Construction
Panel
Year
1980

Yield analysis

Good investment rating

6% / yr
Monthly payment555 €20% down payment · 20 yrs · 3%
Expected rent627 €at market conditions for the neighbourhood

The rent covers 113% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 17 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▼ 6.7% · 8,910 €
  1. 133,900 €5 June 2026Initial price
  2. 129,990 €▼ 3,910 € (2.9%) 3 July 2026Price reduced
  3. 124,990 €▼ 5,000 € (3.8%) 9 September 2026Price reducedCurrent

Property analysis

This apartment is priced about 12,000 € above the typical price (the median) for 3-room apartments in Levski 1 (52 properties) — 2,049 €/m² against 1,851 €/m².

With 20% down over 20 years the monthly mortgage payment is about 555 €, against an expected local rent of 627 €. The rent covers the whole payment (113%).

The asking price has fallen by 8,910 € (6.7%) since it was first listed.

Source: Market statistics for 3-room apartments in Levski 1

Questions for the viewing

Only on imotesa

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

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

    Because: The price has been cut 2 times — about 7% below the original asking price.

  2. What feedback have previous viewers given?

    Because: We have been tracking this listing for about 183 days.

  3. 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.

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

    Because: Prefabricated panel construction.

  5. 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
  • Needs Renovation
  • Tax Credit Option

Exposure

AI summary
SSouth

Maximum sunlight throughout the day

Details

Category
Residential
Rooms
2
Bathrooms
1

Approximate location

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

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