−19% below market
median 2,743 €/m² for comparable properties
229,500 € 2,295 €/m²
Rent covers ~ 82% of the payment
~ 834 €/mo rent · you top up ~ 184 €/mo
Sale279,900 €2,799 €/m²
Expected rent834 € /mo
AT MARKET LEVEL
fairly priced
against the median for 3-room apartments in Vins-Cherven Ploshtad (25 properties)
Area
100 m²
Floor
1 / 9
Construction
Brick
Year
1980
Yield analysis
Low investment rating
Monthly payment1,242 €20% down payment · 20 yrs · 3%
Expected rent834 €at market conditions for the neighbourhood
The rent covers 67% of the payment — you top up about 408 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 28 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 at the typical price (the median) for 3-room apartments in Vins-Cherven Ploshtad (25 properties) — 2,799 €/m² against 2,750 €/m².
Apartment with an area of 100 sq m in the VINS-Cherven Ploshtad district, Varna city.
Layout includes a kitchen with dining area, large living room with access to a terrace, two bedrooms and additional sanitary facilities.
The building is brick from 1980, with elevator and access control, common areas are maintained.
The location is convenient, close to Cherven Ploshtad, public transport and main services such as schools and supermarkets.
The property is suitable for living or investment, offering the possibility for remodeling according to needs.
With 20% down over 20 years the monthly mortgage payment is about 1,242 €, against an expected local rent of 834 €. The rent covers 67% of it.
Source: Market statistics for 3-room apartments in Vins-Cherven Ploshtad
Pros and cons
AI summaryPros
- functional layout
- terrace
- elevator
- close to public transport
Cons
- ground floor
Questions for the viewing
Only on imotesaDerived from this specific property's data — not a generic checklist. Take them with you.
What feedback have previous viewers given?
Because: We have been tracking this listing for about 328 days.
Have the risers been replaced, and when was the roof last repaired?
Because: The building dates from 1980 — about 46 years old.
Is there damp, is there enough daylight, and what is the noise like?
Because: The property is on the first floor.
Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.
Layout
- kitchen
- dining area
- living room
- bedroom
- bedroom
- bathroom
- toilet
- laundry room
Amenities
- Elevator
Details
- Category
- Residential
- Rooms
- 3
- Bathrooms
- 2
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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