−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
Sale
4-room maisonette with panoramic terrace in VINS-Cherven Ploshtad, Varna
VarnaVins-Cherven PloshtadSale540,000 €3,272 €/m²
Expected rent1,155 € /mo
~92,000 € ABOVE MARKET
overpriced
against the median for 4-room apartments in Vins-Cherven Ploshtad (22 properties)
Area
165 m²
Floor
4 / 5
Construction
Brick
Year
1990
Yield analysis
Low investment rating
Monthly payment2,396 €20% down payment · 20 yrs · 3%
Expected rent1,155 €at market conditions for the neighbourhood
The rent covers 48% of the payment — you top up about 1,241 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 39 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 92,000 € above the typical price (the median) for 4-room apartments in Vins-Cherven Ploshtad (22 properties) — 3,272 €/m² against 2,716 €/m².
Maisonette in Varna city, VINS-Cherven Ploshtad district, located on three levels in a brick building from 1990 with controlled access.
The layout includes a living room with kitchen area, four bedrooms, two bathrooms and several balconies, as well as a panoramic terrace on the top floor.
The building is brick, with PVC windows and air conditioning heating, no elevator, but well-maintained common areas.
The location is close to the Youth Centre, Economic University and the Sea Garden, providing convenient access to urban amenities and green spaces.
The property is suitable for family living or investment with the option to purchase a garage in the building's inner courtyard.
With 20% down over 20 years the monthly mortgage payment is about 2,396 €, against an expected local rent of 1,155 €. The rent covers 48% of it.
Source: Market statistics for 4-room apartments in Vins-Cherven Ploshtad
Pros and cons
AI summaryPros
- functional layout
- panoramic terrace
- controlled access
- close to university
Cons
- no elevator
- top floor
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.
Is there enough daylight during the day?
Because: The advertised exposure has no southern side.
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
Amenities
- With Parking
Exposure
AI summaryEEast
Morning sun, cooler afternoons
WWest
Afternoon and evening sun
Details
- Category
- Residential
- Rooms
- 4
- Bathrooms
- 2
- Furnishing
- Yes
Location
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