median 2,743 €/m² for comparable properties
Rent covers ~ 82% of the payment
~ 834 €/mo rent · you top up ~ 184 €/mo
~69,500 € BELOW MARKET
good value
against the median for 2-room apartments in Vins-Cherven Ploshtad (15 properties)
Low investment rating
The rent covers 73% of the payment — you top up about 220 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 26 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.
This apartment is priced about 69,500 € below the typical price (the median) for 2-room apartments in Vins-Cherven Ploshtad (15 properties) — 2,890 €/m² against 3,974 €/m².
Two-room apartment with an area of 64 sq m, located in VINS-Cherven Ploshtad, Varna. The property is on the 2nd floor of a new brick building with 7 floors.
The layout includes an entrance hall, living area with kitchen, bedroom, bathroom with toilet, and balcony. The apartment also has an adjacent basement of 4.5 sq m.
The building is under construction (2027), with high-quality materials and modern amenities such as an elevator, video surveillance, and access control.
The location is close to Medical University, with easy access to the city centre, schools, shops, and public transport.
Suitable property both for living and investment with the option to purchase a parking space.
With 20% down over 20 years the monthly mortgage payment is about 821 €, against an expected local rent of 601 €. The rent covers 73% of it.
Source: Market statistics for 2-room apartments in Vins-Cherven Ploshtad
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
Derived from this specific property's data — not a generic checklist. Take them with you.
Why is this priced below comparable properties? Is there anything that could affect the sale?
Because: The price per m² is about 27% below the average for comparable properties.
Has Act 16 been issued, and what guarantees cover the common parts?
Because: The building dates from 2027.
Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.
The exact address hasn't been published by the seller — the map shows the neighbourhood.
median 2,743 €/m² for comparable properties
Rent covers ~ 82% of the payment
~ 834 €/mo rent · you top up ~ 184 €/mo
median 2,782 €/m² for comparable properties
Rent covers ~ 141% of the payment
~ 338 €/mo rent · pays for itself in ~ 13 yrs
median 3,300 €/m² for comparable properties
Rent covers ~ 81% of the payment
~ 947 €/mo rent · you top up ~ 229 €/mo
median 3,974 €/m² for comparable properties
Rent covers ~ 82% of the payment
~ 601 €/mo rent · you top up ~ 131 €/mo
median 2,120 €/m² for comparable properties
Rent covers ~ 70% of the payment
~ 861 €/mo rent · you top up ~ 377 €/mo
median 2,743 €/m² for comparable properties
Rent covers ~ 77% of the payment
~ 718 €/mo rent · you top up ~ 214 €/mo
median 1,832 €/m² for comparable properties
Rent covers ~ 47% of the payment
~ 676 €/mo rent · you top up ~ 766 €/mo
median 2,786 €/m² for comparable properties
Rent covers ~ 51% of the payment
~ 717 €/mo rent · you top up ~ 698 €/mo