Sale

Three-room maisonette with two terraces near Okrazhna Hospital in Varna

VarnaOkryjna Bolnica-Generali
Published: 2 March 2026 Updated: 7 September 2026
Sale299,500 €1,373 €/m²
Expected rent626 € /mo

~255,000 € BELOW MARKET

far below market

against the median for apartments in Okryjna Bolnica-Generali (111 properties)

A price this far below the market usually has a reason the listing does not mention — encumbrances or an error in the ad.

Area
218 m²
Floor
6 / 7
Construction
Brick

Yield analysis

Low investment rating

2.5% / yr
Monthly payment1,329 €20% down payment · 20 yrs · 3%
Expected rent626 €at market conditions for the neighbourhood

The rent covers 47% of the payment — you top up about 703 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 40 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.

Price history

1 change since listing▼ 13.9% · 48,500 €
  1. 348,000 €2 March 2026Initial price
  2. 299,500 €▼ 48,500 € (13.9%) 2 June 2026Price reducedCurrent

Property analysis

This apartment is priced about 255,000 € below the typical price (the median) for apartments in Okryjna Bolnica-Generali (111 properties) — 1,373 €/m² against 2,543 €/m². A price this far below the market usually has a reason the listing does not mention — encumbrances or an error in the ad.

The property is a three-room maisonette, located on the 6th and 7th floors of a residential building in the Okrazhna Hospital area, Varna. The layout includes a living area with a kitchen section and a balcony on the first floor, as well as two bedrooms with separate terraces on the second. The building is brick and features an elevator and access control, but the property is offered for sale in a condition that requires renovation. The location is convenient, close to schools, kindergartens, a supermarket, and medical facilities. The property is suitable for families seeking a spacious apartment with potential for customization in an urban environment.

With 20% down over 20 years the monthly mortgage payment is about 1,329 €, against an expected local rent of 626 €. The rent covers 47% of it.

The asking price has fallen by 48,500 € (13.9%) since it was first listed.

Source: Market statistics for apartments in Okryjna Bolnica-Generali

Pros and cons

AI summary
Pros
  • two terraces
  • elevator
  • access control
  • spacious corridor
Cons
  • needs renovation

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 46% below the average for comparable properties.

  2. What feedback have previous viewers given?

    Because: We have been tracking this listing for about 214 days.

  3. Is there still room to negotiate?

    Because: The price has been cut once, by about 14%.

  4. What is the scope of the work, and are there hidden problems with the wiring or plumbing?

    Because: The listing states that the property needs renovation.

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

Layout

  • corridor
  • living area
  • bedroom
  • bedroom

Amenities

  • Elevator
  • Access Control
  • Needs Renovation

Details

Category
Residential
Rooms
5
Bathrooms
2

Approximate location

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

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