Sale−13% below market

Spacious 4-room apartment in Vladislav Varnenchik, Varna

VarnaVladislav Varnenchik 1
Published: 2 April 2026 Updated: 24 September 2026
Sale124,900 €124 €/m²
Expected rent446 € /mo
Area
1,000 m²
Floor
2 / 8
Construction
Panel

Yield analysis

Fair investment rating

4.3% / yr
Monthly payment554 €20% down payment · 20 yrs · 3%
Expected rent446 €at market conditions for the neighbourhood

The rent covers 80% of the payment — you top up about 108 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 23 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.

Price history

3 changes since listing▼ 11.4% · 16,100 €
  1. 141,000 €2 April 2026Initial price
  2. 136,000 €▼ 5,000 € (3.5%) 15 May 2026Price reduced
  3. 134,000 €▼ 2,000 € (1.5%) 6 June 2026Price reduced
  4. 124,900 €▼ 9,100 € (6.8%) 6 August 2026Price reducedCurrent

Property analysis

This apartment is priced 13% below the typical price (the median) for comparable properties — 1,301 €/m² against 1,500 €/m².

The apartment is located in the Vladislav Varnenchik district, Varna. It features four separate rooms, four bathrooms, and two terraces, providing convenience and functionality. The property is situated on the 2nd floor of 8, in a building with an elevator and controlled access. The construction is prefab panel, and the entrance is renovated and maintained. The location is well connected, close to a sports complex, schools, kindergartens, and public transport stops. The property is suitable for families seeking comfort and access to urban infrastructure.

With 20% down over 20 years the monthly mortgage payment is about 554 €, against an expected local rent of 446 €. The rent covers 80% of it.

The asking price has fallen by 16,100 € (11.4%) since it was first listed.

Source: Market statistics for apartments in Vladislav Varnenchik 1

Pros and cons

AI summary
Pros
  • functional layout
  • elevator and access control
  • large parking in front of the building
  • close to schools and kindergartens
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 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 13% below the average for comparable properties.

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

    Because: The price has been cut 3 times — about 11% below the original asking price.

  3. What feedback have previous viewers given?

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

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

    Because: Prefabricated panel construction.

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

Layout

  • room
  • room
  • room
  • room

Amenities

  • Elevator
  • With Parking
  • Internet Connection
  • Access Control
  • Renovated
  • Tax Credit Option

Details

Category
Residential
Bathrooms
4
Furnishing
Yes

Approximate location

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

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