−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
Sale330,000 €2,538 €/m²
Expected rent1,155 € /mo
AT MARKET LEVEL
fairly priced
against the median for 4-room apartments in Vins-Cherven Ploshtad (22 properties)
Area
130 m²
Floor
2 / 5
Construction
Brick
Year
1990
Yield analysis
Fair investment rating
Monthly payment1,464 €20% down payment · 20 yrs · 3%
Expected rent1,155 €at market conditions for the neighbourhood
The rent covers 79% of the payment — you top up about 309 €/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 at the typical price (the median) for 4-room apartments in Vins-Cherven Ploshtad (22 properties) — 2,538 €/m² against 2,716 €/m².
4-room apartment in Varna, VINS-Cherven Ploshtad district. The property is located on the 2nd floor of 5 in a brick building from 1990 with an elevator.
The layout includes a living room, separate kitchen, three bedrooms, bathroom and separate toilet, as well as three terraces and a basement. This provides convenience and functionality for family use.
The building is brick, in good technical condition, with an occupancy permit and an elevator available. Heating is not specified, which may require clarification.
The location is close to the Medical University and the University of Economics in Varna, making the property suitable both for living and investment. The area offers urban infrastructure and amenities.
The overall characteristics of the property make it suitable for family housing or an investment project with good functionality and location.
With 20% down over 20 years the monthly mortgage payment is about 1,464 €, against an expected local rent of 1,155 €. The rent covers 79% of it.
Source: Market statistics for 4-room apartments in Vins-Cherven Ploshtad
Pros and cons
AI summaryPros
- functional layout
- three terraces
- elevator
- close to university
Cons
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
Layout
- living room
- kitchen
- bedroom
- bedroom
- bedroom
Amenities
- Elevator
Details
- Category
- Residential
- Rooms
- 4
- Bathrooms
- 2
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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