Sale

Spacious 4-room apartment in Varna, VINS-Cherven Ploshtad

VarnaVins-Cherven Ploshtad
Published: 20 April 2026 Updated: 7 September 2026
Sale360,000 €2,448 €/m²
Expected rent1,155 € /mo

~39,500 € BELOW MARKET

good value

against the median for 4-room apartments in Vins-Cherven Ploshtad (22 properties)

Area
147 m²
Floor
3 / 4
Construction
Brick
Year
2000

Yield analysis

Low investment rating

3.9% / yr
Monthly payment1,597 €20% down payment · 20 yrs · 3%
Expected rent1,155 €at market conditions for the neighbourhood

The rent covers 72% of the payment — you top up about 442 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 26 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 about 39,500 € below the typical price (the median) for 4-room apartments in Vins-Cherven Ploshtad (22 properties) — 2,448 €/m² against 2,716 €/m².

The apartment is located in Varna, VINS-Cherven Ploshtad district. It features four rooms with a total area of 147 sq m. The internal layout includes a living area with kitchenette, dining room, and living room, three bedrooms with southern aspect, two bathrooms, and two toilets. The property is situated on the third floor of four in a brick building from 2000. The condition is after full renovation with new furnishings. The location is close to VINS, bank offices, the Sea Garden, and the pedestrian zone of Cherven Ploshtad. There is an option to purchase a garage in the area. The property is suitable for those seeking a spacious and functional home in the city centre.

With 20% down over 20 years the monthly mortgage payment is about 1,597 €, against an expected local rent of 1,155 €. The rent covers 72% of it.

This property is advertised in 3 offers, all from the same agency. All offers are at the same price. It has been listed for 166 days.

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

Pros and cons

AI summary
Pros
  • functional layout
  • southern aspect
  • after full renovation
  • close to Sea Garden
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. Who am I negotiating with, and who is authorised to agree a price?

    Because: The property appears in 3 listings at the same price.

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

Exposure

AI summary
SSouth

Maximum sunlight throughout the day

WWest

Afternoon and evening sun

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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