−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
Sale
Three-room apartment with two terraces in the centre of Varna, VINS-Cherven Ploshtad
VarnaVins-Cherven PloshtadSale236,500 €1,970 €/m²
Expected rent834 € /mo
~93,500 € BELOW MARKET
good value
against the median for 3-room apartments in Vins-Cherven Ploshtad (25 properties)
Area
120 m²
Floor
1 / 3
Construction
Brick
Yield analysis
Fair investment rating
Monthly payment1,049 €20% down payment · 20 yrs · 3%
Expected rent834 €at market conditions for the neighbourhood
The rent covers 79% of the payment — you top up about 215 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 24 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 93,500 € below the typical price (the median) for 3-room apartments in Vins-Cherven Ploshtad (25 properties) — 1,970 €/m² against 2,750 €/m².
Three-room apartment in Varna, VINS-Cherven Ploshtad district, near Varna Municipality and the Russian school.
The layout includes a corridor with space for a built-in wardrobe, separate kitchen, spacious living room, two bedrooms, bathroom with toilet and two terraces, providing convenience and functionality.
The property is in a brick building on the first floor of three, with a basement and attic as additional spaces. There is access control.
The location is central but quiet and peaceful, with easy access to administrative offices, schools, shops and transport.
Suitable for family living or investment with rental potential due to the good location and amenities.
With 20% down over 20 years the monthly mortgage payment is about 1,049 €, against an expected local rent of 834 €. The rent covers 79% of it.
Source: Market statistics for 3-room apartments in Vins-Cherven Ploshtad
Pros and cons
AI summaryPros
- functional layout
- two terraces
- basement and attic
- access control
Cons
- ground floor
- no construction year information
Questions for the viewing
Only on imotesaDerived 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 28% below the average for comparable properties.
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
- corridor
- kitchen
- living room
- bedroom
- bedroom
Amenities
- Access Control
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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