median 2,743 €/m² for comparable properties
Rent covers ~ 82% of the payment
~ 834 €/mo rent · you top up ~ 184 €/mo
~190,500 € ABOVE MARKET
overpriced
against the median for 3-room apartments in Vins-Cherven Ploshtad (25 properties)
Low investment rating
The rent covers 41% of the payment — you top up about 1,207 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 46 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.
This apartment is priced about 190,500 € above the typical price (the median) for 3-room apartments in Vins-Cherven Ploshtad (25 properties) — 4,693 €/m² against 2,750 €/m².
The offered property is a three-room apartment with an area of 98 sq m, located on the third floor of a six-storey new building in the VINS area, close to the University of Economics in Varna. The apartment includes an entrance hall, living room with kitchen and dining area with access to a terrace, two bedrooms, one of which also has a terrace, a bathroom with toilet, and a second service room.
The building was constructed in 2025 with brick construction and features an elevator, access control, and luxury common areas. The apartment is finished to BDS standards with installed seven-chamber Salamander PVC windows and an external armored door. Heating is electric, and thermal and waterproof insulation are executed according to modern energy efficiency standards.
The aspect is varied – the living room and one of the bedrooms face east and west, while the second bedroom faces southeast, providing good natural light. The location is convenient, with quick access to the Sea Garden, Festival and Congress Center, as well as numerous restaurants and shops.
This property is suitable for people seeking a modern and functional home close to key urban amenities and green spaces.
With 20% down over 20 years the monthly mortgage payment is about 2,041 €, against an expected local rent of 834 €. The rent covers 41% of it.
Source: Market statistics for 3-room apartments in Vins-Cherven Ploshtad
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
Derived from this specific property's data — not a generic checklist. Take them with you.
What feedback have previous viewers given?
Because: We have been tracking this listing for about 236 days.
Has Act 16 been issued, and what guarantees cover the common parts?
Because: The building dates from 2025.
Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.
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The exact address hasn't been published by the seller — the map shows the neighbourhood.
median 2,743 €/m² for comparable properties
Rent covers ~ 82% of the payment
~ 834 €/mo rent · you top up ~ 184 €/mo
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