−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
Sale348,000 €3,314 €/m²
Expected rent834 € /mo
~59,000 € ABOVE MARKET
overpriced
against the median for 3-room apartments in Vins-Cherven Ploshtad (25 properties)
Area
105 m²
Floor
3 / 4
Construction
Brick
Yield analysis
Low investment rating
Monthly payment1,544 €20% down payment · 20 yrs · 3%
Expected rent834 €at market conditions for the neighbourhood
The rent covers 54% of the payment — you top up about 710 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 35 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 about 59,000 € above the typical price (the median) for 3-room apartments in Vins-Cherven Ploshtad (25 properties) — 3,314 €/m² against 2,750 €/m².
Three-room apartment with an area of 105 sq m, located in Varna, VINS-Cherven Ploshtad district. The layout includes a spacious living room, separate kitchen, two bedrooms, bathroom with toilet, and terrace. The property is in a brick building on the 3rd floor of 4, with high ceilings and solid construction. The location is central, close to the Sea Garden, Festival Complex, and main city amenities. The property is suitable for permanent residence or investment with rental potential.
With 20% down over 20 years the monthly mortgage payment is about 1,544 €, against an expected local rent of 834 €. The rent covers 54% of it.
Source: Market statistics for 3-room apartments in Vins-Cherven Ploshtad
Pros and cons
AI summaryPros
- functional layout
- central location
- brick construction
- terrace
Cons
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
Layout
- living room
- kitchen
- bedroom
- bedroom
- bathroom
- terrace
Amenities
- 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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