Sale

Three-room apartment with two terraces in VINS-Cherven Ploshtad area, Varna

VarnaVins-Cherven Ploshtad
Published: 2 March 2026 Updated: 2 October 2026
Sale229,500 €2,295 €/m²
Expected rent834 € /mo

~45,000 € BELOW MARKET

good value

against the median for 3-room apartments in Vins-Cherven Ploshtad (61 properties)

Area
100 m²
Floor
6 / 7
Construction
Brick
Year
2000

Yield analysis

Fair investment rating

4.4% / yr
Monthly payment1,018 €20% down payment · 20 yrs · 3%
Expected rent834 €at market conditions for the neighbourhood

The rent covers 82% of the payment — you top up about 184 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 23 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▲ 0.2% · 400 €
  1. 229,500 €1 July 2026Initial price
  2. 229,900 €▲ 400 € (0.2%) 1 August 2026Price increasedCurrent

Property analysis

This apartment is priced about 45,000 € below the typical price (the median) for 3-room apartments in Vins-Cherven Ploshtad (61 properties) — 2,210 €/m² against 2,743 €/m².

Three-room apartment in Varna city, in the VINS-Cherven Ploshtad district, close to the Sea Garden and the city centre.

It features two bedrooms, a living room, kitchen and two terraces, providing a functional and convenient layout.

The building is brick, with an elevator, video surveillance and access control, with well-maintained common areas.

The location offers easy access to public transport, universities, supermarkets and green spaces, making the area suitable for everyday living.

The property is suitable for family residence with good infrastructure connections and proximity to key city facilities.

With 20% down over 20 years the monthly mortgage payment is about 1,018 €, against an expected local rent of 834 €. The rent covers 82% of it.

This property is advertised in 2 offers, all from the same agency. The gap between the cheapest and the dearest is 400 €. It has been listed for 215 days. The asking price has risen by 400 € (0.2%) since it was first listed.

Source: Market statistics for 3-room apartments in Vins-Cherven Ploshtad

Pros and cons

AI summary
Pros
  • functional layout
  • two terraces
  • elevator and video surveillance
  • close to Sea Garden
Cons

We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.

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 19% below the average for comparable properties.

  2. What feedback have previous viewers given?

    Because: We have been tracking this listing for about 215 days.

  3. Who am I negotiating with, and who is authorised to agree a price?

    Because: The property appears in 2 listings at the same price.

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

Layout

  • bedroom
  • bedroom
  • living room

Amenities

  • Elevator
  • Video Surveillance
  • Access Control

Details

Category
Residential
Rooms
3
Bathrooms
1
Furnishing
Yes

Approximate location

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

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