−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
Sale508,000 €2,645 €/m²
Expected rent1,155 € /mo
AT MARKET LEVEL
fairly priced
against the median for 4-room apartments in Vins-Cherven Ploshtad (22 properties)
Area
192 m²
Floor
5 / 6
Construction
Brick
Year
1999
Yield analysis
Low investment rating
Monthly payment2,254 €20% down payment · 20 yrs · 3%
Expected rent1,155 €at market conditions for the neighbourhood
The rent covers 51% of the payment — you top up about 1,099 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 37 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) — 2,645 €/m² against 2,716 €/m².
The apartment is located in the city of Varna, VINS-Cherven Ploshtad district, close to the Sea Garden and the University of Economics. The layout is on three levels (three-zone) with a living room, kitchen, three bedrooms, office, library, gym, and sauna. The property is brick-built, constructed in 1999, on the 5th of 6 floors without an elevator. The area offers convenient access to green spaces and urban infrastructure. It is suitable for people seeking a spacious and functional home with opportunities for work and relaxation in a central urban environment.
With 20% down over 20 years the monthly mortgage payment is about 2,254 €, against an expected local rent of 1,155 €. The rent covers 51% of it.
Source: Market statistics for 4-room apartments in Vins-Cherven Ploshtad
Pros and cons
AI summaryPros
- functional layout
- southern aspect
- terrace with sea view
- quality materials
Cons
- no elevator
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 5 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
- kitchen
- bedroom
- bedroom
- office
- library
- gym room
- sauna
Exposure
AI summarySSouth
Maximum sunlight throughout the day
Details
- Category
- Residential
- Rooms
- 4
- Bathrooms
- 2
- Furnishing
- Yes
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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