4-room maisonette in Varna Center with two terraces

This apartment is priced at the typical price (the median) for 5-room apartments in Centyr (13 properties) — 2,187 €/m² against 2,200 €/m².

Maisonette with an area of 128 sq m, located in the Center of Varna city. The property is spread over two floors – fourth and fifth in a six-storey building without an elevator.

The first floor includes a living area with an enclosed terrace, a kitchen with an enclosed terrace, and a bathroom, with the possibility for remodeling. The second floor contains a kitchen with a glazed terrace, a bedroom with an enclosed terrace, a bathroom with toilet, and an entrance hall. The floors are connected by an internal staircase, which is currently not in use.

The building is brick from 1997, with the second floor renovated two years ago, while the first floor needs updating. The property has east/west aspect and an adjoining basement.

The location is close to key city landmarks such as the Cathedral Church 'Uspenie Bogorodichno', school, kindergarten, market, and transport connections.

The property offers the possibility for use by two households or as an investment through rental, combining functionality and urban environment.

With 20% down over 20 years the monthly mortgage payment is about 1,242 €, against an expected local rent of 742 €. The rent covers 60% of it.

Source: Market statistics for 5-room apartments in Centyr