Sale

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

VarnaVins-Cherven Ploshtad
Published: 6 January 2026 Updated: 3 September 2026
Sale225,000 €2,586 €/m²
Expected rent834 € /mo

AT MARKET LEVEL

fairly priced

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

Area
87 m²
Floor
6 / 6
Construction
Brick

Yield analysis

Fair investment rating

4.4% / yr
Monthly payment998 €20% down payment · 20 yrs · 3%
Expected rent834 €at market conditions for the neighbourhood

The rent covers 84% of the payment — you top up about 164 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 22 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.

Price history

2 changes since listing▼ 4.3% · 10,000 €
  1. 235,000 €4 March 2026Initial price
  2. 230,000 €▼ 5,000 € (2.1%) 27 May 2026Price reduced
  3. 225,000 €▼ 5,000 € (2.2%) 5 August 2026Price reducedCurrent

Property analysis

This apartment is priced at the typical price (the median) for 3-room apartments in Vins-Cherven Ploshtad (25 properties) — 2,586 €/m² against 2,750 €/m².

This is a three-room apartment in the city of Varna, in the VINS-Cherven Ploshtad district.
The layout includes a living room with a kitchen area and access to a spacious terrace, two bedrooms, one of which has a glazed terrace overlooking the inner courtyard, a bathroom with toilet, and a corridor.
The building is brick with an elevator, the apartment is on the top floor (6 of 6), with available internet access and controlled entry.
The location is close to Cherven Ploshtad, universities, supermarkets, and bus stops, about 7 minutes on foot from the Sea Garden.
The property is suitable for people seeking convenient urban living with good infrastructure and functional layout.

With 20% down over 20 years the monthly mortgage payment is about 998 €, against an expected local rent of 834 €. The rent covers 84% of it.

The asking price has fallen by 10,000 € (4.3%) since it was first listed.

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

Pros and cons

AI summary
Pros
  • functional layout
  • elevator
  • close to urban amenities
  • terraces
Cons
  • top floor

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 still room to negotiate, and why has it not sold yet?

    Because: The price has been cut 2 times — about 4% below the original asking price.

  2. What feedback have previous viewers given?

    Because: We have been tracking this listing for about 270 days.

  3. What condition is the roof in, and does it overheat in summer?

    Because: The property is on the top floor.

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

Layout

  • living room
  • bedroom
  • bedroom
  • corridor

Amenities

  • With Transition
  • Elevator
  • Internet Connection
  • Access Control

Details

Category
Residential
Rooms
3

Approximate location

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

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