Sale

Spacious 3-room apartment in Cherven Ploshtad, Varna with terrace

VarnaVins-Cherven Ploshtad
Published: 8 May 2026 Updated: 1 September 2026
Sale360,000 €2,448 €/m²
Expected rent840 € /mo

~44,500 € BELOW MARKET

good value

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

Area
147 m²
Floor
3 / 4
Construction
Brick

Yield analysis

Low investment rating

2.8% / yr
Monthly payment1,597 €20% down payment · 20 yrs · 3%
Expected rent840 €at market conditions for the neighbourhood

The rent covers 53% of the payment — you top up about 757 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 36 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 44,500 € below the typical price (the median) for 3-room apartments in Vins-Cherven Ploshtad (25 properties) — 2,448 €/m² against 2,750 €/m².

3-room apartment in Varna city, VINS-Cherven Ploshtad district. It is located on the 3rd floor of 4 in a brick building from 1970 with controlled access.

The property features a spacious living area, including a kitchenette, dining room, and living room, as well as three sunny bedrooms ranging from 16 to 21 sq m. There are two bathrooms with WC and a winter barbecue terrace.

The building is a solid brick construction, maintained and with controlled access. There is no specific information about heating or other amenities.

The location is close to the Sea Garden, beaches, and central squares, with convenient access to public transport and the possibility of parking in the blue zone.

The property is suitable for those seeking a spacious residential property with a good location and functional layout in the central part of Varna.

With 20% down over 20 years the monthly mortgage payment is about 1,597 €, against an expected local rent of 840 €. The rent covers 53% of it.

This property is advertised in 2 offers, all from the same agency. All offers are at the same price. It has been listed for 147 days.

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

Pros and cons

AI summary
Pros
  • functional layout
  • southern aspect
  • brick construction
  • terrace
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. 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

  • living area
  • bedroom
  • bedroom
  • bedroom

Exposure

AI summary
SSouth

Maximum sunlight throughout the day

Details

Category
Residential
Rooms
3
Bathrooms
2
Furnishing
Yes

Approximate location

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

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