Sale

Three-room apartment with terrace and sea view in Sveti Nikola, Varna

VarnaSveti Nikola
Published: 8 March 2026 Updated: 1 September 2026
Sale199,000 €1,842 €/m²
Expected rent1,187 € /mo

~34,500 € BELOW MARKET

good value

against the median for apartments in Sveti Nikola (85 properties)

Area
108 m²
Floor
4 / 5
Construction
Brick
Year
2008

Yield analysis

Good investment rating

7.2% / yr
Monthly payment883 €20% down payment · 20 yrs · 3%
Expected rent1,187 €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.

Property analysis

This apartment is priced about 34,500 € below the typical price (the median) for apartments in Sveti Nikola (85 properties) — 1,842 €/m² against 2,164 €/m².

The offered property is a three-room apartment in the Sveti Nikola district, Varna. The layout includes a spacious living room with kitchen area, two bedrooms, a storage room, a bathroom with toilet, a separate toilet, and a terrace with sea view. The building is brick, built in 2008, with an elevator and secured access. The apartment includes a parking space in the building's yard. The area is urbanized and offers convenient access to city infrastructure. The property is suitable for family living with good functionality and amenities.

With 20% down over 20 years the monthly mortgage payment is about 883 €, against an expected local rent of 1,187 €. The rent covers the whole payment (134%).

Source: Market statistics for apartments in Sveti Nikola

Pros and cons

AI summary
Pros
  • functional layout
  • terrace with sea view
  • elevator
  • parking space
Cons
  • needs refreshing

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 15% below the average for comparable properties.

  2. What feedback have previous viewers given?

    Because: We have been tracking this listing for about 208 days.

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

Layout

  • living room
  • bedroom
  • bedroom
  • storage room
  • bathroom
  • toilet
  • terrace

Amenities

  • Elevator
  • With Parking
  • Internet Connection
  • Access Control

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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