Sale

Two-room apartment 60 sq m in Varna, Vladislav Varnenchik 2, with enclosed terraces

VarnaVladislav Varnenchik 2
Published: 8 March 2026 Updated: 2 October 2026
Sale105,800 €1,763 €/m²
Expected rent410 € /mo

~16,000 € ABOVE MARKET

above market

against the median for 2-room apartments in Vladislav Varnenchik 2 (337 properties)

Area
60 m²
Floor
3 / 6
Construction
Panel
Year
1980

Yield analysis

Fair investment rating

4.7% / yr
Monthly payment469 €20% down payment · 20 yrs · 3%
Expected rent410 €at market conditions for the neighbourhood

The rent covers 87% of the payment — you top up about 59 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 22 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▼ 16% · 20,200 €
  1. 126,000 €6 March 2026Initial price
  2. 117,800 €▼ 8,200 € (6.5%) 9 April 2026Price reduced
  3. 105,800 €▼ 12,000 € (10.2%) 1 August 2026Price reducedCurrent

Property analysis

This apartment is priced about 16,000 € above the typical price (the median) for 2-room apartments in Vladislav Varnenchik 2 (337 properties) — 1,763 €/m² against 1,499 €/m².

Apartment with an area of 60 sq m, located in the city of Varna, district Vladislav Varnenchik 2. It is on the 3rd of 6 floors in a prefab panel block.

The layout includes a living room, bedroom, kitchen, corridor, bathroom with toilet and two enclosed terraces, which increase the usable space.

The property is renovated, with maintained common areas and a functional layout that provides comfort and light.

The location is in a well-developed area with access to urban infrastructure and amenities.

It is suitable both for living and for investment, thanks to the balance between price, condition, and location.

With 20% down over 20 years the monthly mortgage payment is about 469 €, against an expected local rent of 410 €. The rent covers 87% of it.

The asking price has fallen by 20,200 € (16%) since it was first listed.

Source: Market statistics for 2-room apartments in Vladislav Varnenchik 2

Pros and cons

AI summary
Pros
  • functional layout
  • renovated
  • enclosed terraces
  • mid floor
Cons
  • prefab panel construction

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 16% below the original asking price.

  2. What feedback have previous viewers given?

    Because: We have been tracking this listing for about 210 days.

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

    Because: Prefabricated panel construction.

  4. 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
  • bedroom
  • kitchen
  • corridor
  • bathroom

Amenities

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

Details

Category
Residential
Rooms
2
Bathrooms
1
Furnishing
Yes

Approximate location

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

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