Sale+62% above market

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

VarnaVins-Cherven Ploshtad
Published: 4 April 2026 Updated: 5 September 2026
Sale475,000 €5,000 €/m²
Expected rent1,155 € /mo
Area
95 m²
Floor
5 / 8
Construction
Panel

Yield analysis

Low investment rating

2.9% / yr
Monthly payment2,107 €20% down payment · 20 yrs · 3%
Expected rent1,155 €at market conditions for the neighbourhood

The rent covers 55% of the payment — you top up about 952 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 34 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 62% above the typical price (the median) for comparable properties — 4,398 €/m² against 2,716 €/m².

The apartment is located in the city of Varna, in the VINS-Cherven Ploshtad area. It features four large rooms, including a spacious living room, two bedrooms, and a new kitchen with appliances. The property has two terraces and three bathrooms, as well as a storage room and a basement. The building is a Spanish prefab panel type with an elevator and parking. The property is fully renovated, with replaced plumbing and electrical installations, new windows, and three air conditioners. The location is well connected, close to Cherven Ploshtad, VINS, and convenient public transport. The apartment is suitable for living without additional investments.

With 20% down over 20 years the monthly mortgage payment is about 2,107 €, against an expected local rent of 1,155 €. The rent covers 55% of it.

Source: Market statistics for 4-room apartments in Vins-Cherven Ploshtad

Pros and cons

AI summary
Pros
  • functional layout
  • renovated property
  • two terraces
  • elevator and parking
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. What feedback have previous viewers given?

    Because: We have been tracking this listing for about 182 days.

  2. Has the block been insulated under the renovation programme, and is there paperwork for it?

    Because: Prefabricated panel construction.

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
  • storage room

Amenities

  • Elevator
  • With Parking
  • Internet Connection
  • Renovated

Details

Category
Residential
Rooms
3
Bathrooms
3
Furnishing
Yes

Approximate location

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

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