Sale

3-room penthouse with large terrace in Mladost district, Varna

VarnaHristo Botev
Published: 4 October 2026 Updated: 4 October 2026
Sale559,000 €1,863 €/m²
Expected rent653 € /mo

~109,000 € ABOVE MARKET

overpriced

against the median for apartments in Hristo Botev (55 properties)

Area
300 m²
Floor
5 / 5
Construction
Brick
Year
1980

Yield analysis

Low investment rating

1.4% / yr
Monthly payment2,480 €20% down payment · 20 yrs · 3%
Expected rent653 €at market conditions for the neighbourhood

The rent covers 26% of the payment — you top up about 1,827 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 71 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 109,000 € above the typical price (the median) for apartments in Hristo Botev (55 properties) — 1,863 €/m² against 1,500 €/m².

Penthouse with an area of about 300 sq m, located on the top, 5th floor in Varna city, Mladost district, Kapitan Raycho St.

The layout includes a spacious living room with kitchen, three bedrooms, three bathrooms with toilets, a walk-in closet and a large terrace. Access is provided via a direct elevator to the apartment.

The building is brick from 1980, equipped with an elevator and heating is provided by air conditioners. The apartment is furnished and ready to use.

The location is well connected, close to Kolhozen market and offers amenities such as shops, restaurants and public transport.

The property is suitable for family use with an emphasis on space and convenience in an urban environment.

With 20% down over 20 years the monthly mortgage payment is about 2,480 €, against an expected local rent of 653 €. The rent covers 26% of it.

Source: Average prices for apartments in Hristo Botev

Pros and cons

AI summary
Pros
  • large terrace
  • direct elevator
  • south aspect
  • 4 parking spaces
Cons
  • top floor
  • year built 1980

Questions for the viewing

Only on imotesa

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

  1. Have the risers been replaced, and when was the roof last repaired?

    Because: The building dates from 1980 — about 46 years old.

  2. What condition is the roof in, and does it overheat in summer?

    Because: The property is on the top floor.

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
  • bedroom

Amenities

  • Elevator

Exposure

AI summary
SSouth

Maximum sunlight throughout the day

Details

Category
Residential
Rooms
5
Bathrooms
3
Furnishing
Yes

Location

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