Sale

Industrial Building in Varna, Centyr

VarnaCentyr
Published: 2 September 2025 Updated: 10 September 2026
Sale1,200,000 €2,020 €/m²
Expected rent2,078 € /mo

~208,500 € BELOW MARKET

good value

against the median for industrial buildings in Centyr (18 properties)

Area
594 m²
Land Area
346 m²
Floor
4 / 4
Construction
Brick
Year
1920

Yield analysis

Low investment rating

2.1% / yr
Monthly payment5,324 €20% down payment · 20 yrs · 3%
Expected rent2,078 €at market conditions for the neighbourhood

The rent covers 39% of the payment — you top up about 3,246 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 48 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.

Price history

10 changes since listing▲ 9.1% · 100,000 €
  1. 1,100,000 €2 September 2025Initial price
  2. 1,200,000 €▲ 100,000 € (9.1%) 9 March 2026Price increased
  3. 1,000,000 €▼ 200,000 € (16.7%) 10 March 2026Price reduced
  4. 1,200,000 €▲ 200,000 € (20%) 27 April 2026Price increased
  5. 1,200,000 €▲ 0 € (0%) 21 May 2026Price increased
  6. 1,000,000 €▼ 200,000 € (16.7%) 21 May 2026Price reduced
  7. 1,200,000 €▲ 200,000 € (20%) 1 June 2026Price increased
  8. 1,000,000 €▼ 200,000 € (16.7%) 16 June 2026Price reduced
  9. 1,000,000 €▲ 0 € (0%) 16 June 2026Price increased
  10. 1,200,000 €▲ 200,000 € (20%) 7 July 2026Price increased
  11. 1,200,000 €▲ 0 € (0%) 7 July 2026Price increasedCurrent

Property analysis

This industrial Building is priced about 208,500 € below the typical price (the median) for industrial buildings in Centyr (18 properties) — 2,016 €/m² against 2,371 €/m².

With 20% down over 20 years the monthly mortgage payment is about 5,324 €, against an expected local rent of 2,078 €. The rent covers 39% of it.

The asking price has risen by 100,000 € (9.1%) since it was first listed.

Source: Market statistics for industrial buildings in Centyr

Amenities

  • With Parking
  • Video Surveillance
  • Access Control

Details

Category
Commercial

Approximate location

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

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