−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
Sale375,000 €2,678 €/m²
Expected rent1,155 € /mo
AT MARKET LEVEL
fairly priced
against the median for 4-room apartments in Vins-Cherven Ploshtad (22 properties)
Area
140 m²
Floor
4 / 5
Construction
Brick
Yield analysis
Low investment rating
Monthly payment1,664 €20% down payment · 20 yrs · 3%
Expected rent1,155 €at market conditions for the neighbourhood
The rent covers 69% of the payment — you top up about 509 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 27 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) — 2,678 €/m² against 2,716 €/m².
4-room apartment in the city of Varna, VINS-Cherven Ploshtad district. The property is located on the 4th and 5th floors of a five-storey brick building without an elevator.
The layout includes a two-storey dwelling with a living room and kitchenette, three bedrooms, two bathrooms with toilets, and a laundry room. An internal staircase connects the two levels, and the loggia-type terrace adds extra functionality.
The building is maintained, and the apartment is fully renovated with new furnishings and quality appliances, requiring no additional investment. The heating system is not specified.
The location is convenient, close to the Sea Garden, pedestrian zone, educational institutions, and public transport stops. The area is well connected and suitable for families.
The property is suitable as a family home or an investment with a good balance between functionality and location.
With 20% down over 20 years the monthly mortgage payment is about 1,664 €, against an expected local rent of 1,155 €. The rent covers 69% of it.
Source: Market statistics for 4-room apartments in Vins-Cherven Ploshtad
Pros and cons
AI summaryPros
- functional layout
- two-storey dwelling
- new insulation and renovation
- close to Sea Garden
Cons
- no elevator
- unspecified heating system
Questions for the viewing
Only on imotesaDerived from this specific property's data — not a generic checklist. Take them with you.
Is there a lift in the building, and what condition is it in?
Because: The property is on floor 4 and the listing does not mention a lift.
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
- bedroom
- bathroom
- bathroom
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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