Sale

Three-room apartment 112 sq m in VINS-Cherven Ploshtad, Varna

VarnaVins-Cherven Ploshtad
Published: 7 April 2026 Updated: 8 September 2026
Sale560,000 €5,000 €/m²
Expected rent834 € /mo

~252,000 € ABOVE MARKET

overpriced

against the median for 3-room apartments in Vins-Cherven Ploshtad (25 properties)

Area
112 m²
Floor
5 / 6
Construction
Brick
Year
2024

Yield analysis

Low investment rating

1.8% / yr
Monthly payment2,485 €20% down payment · 20 yrs · 3%
Expected rent834 €at market conditions for the neighbourhood

The rent covers 34% of the payment — you top up about 1,651 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 56 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 252,000 € above the typical price (the median) for 3-room apartments in Vins-Cherven Ploshtad (25 properties) — 5,000 €/m² against 2,750 €/m².

Three-room apartment with an area of 112 sq m, located on the fifth floor in a new brick building in VINS-Cherven Ploshtad, Varna.

The layout includes an entrance hall, living room with dining area (23 sq m) with terrace, two bedrooms (13 and 14 sq m) one of which has access to a terrace, bathroom with toilet and a second service room.

The building is new-build from 2024, with PVC windows, thermal and waterproof insulation according to modern standards, electric heating, elevator and access control.

The location is close to key city landmarks such as the Music School, Festival and Congress Centre, Sea Garden and pedestrian zone, providing convenience and accessibility.

The property is suitable both for living and for investment, with the possibility to divide into two smaller apartments, increasing its flexibility.

With 20% down over 20 years the monthly mortgage payment is about 2,485 €, against an expected local rent of 834 €. The rent covers 34% of it.

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

Pros and cons

AI summary
Pros
  • functional layout
  • new-build
  • terrace
  • elevator
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. Is there a lift in the building, and what condition is it in?

    Because: The property is on floor 5 and the listing does not mention a lift.

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

Layout

  • entrance hall
  • living room dining area (23 sq m)
  • bedroom (13 sq m)
  • bedroom (14 sq m)

Exposure

AI summary
EEast

Morning sun, cooler afternoons

WWest

Afternoon and evening sun

Details

Category
Residential
Rooms
3
Bathrooms
1

Approximate location

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

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