−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
Sale475,000 €5,219 €/m²
Expected rent1,155 € /mo
~228,000 € ABOVE MARKET
overpriced
against the median for 4-room apartments in Vins-Cherven Ploshtad (22 properties)
Area
91 m²
Floor
5 / 8
Construction
Panel
Yield analysis
Low investment rating
Monthly payment2,107 €20% down payment · 20 yrs · 3%
Expected rent1,155 €at market conditions for the neighbourhood
The rent covers 55% of the payment — you top up about 952 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 34 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 228,000 € above the typical price (the median) for 4-room apartments in Vins-Cherven Ploshtad (22 properties) — 5,219 €/m² against 2,716 €/m².
4-room apartment in Varna, VINS-Cherven Ploshtad district.
The layout includes a living room, kitchen, two bedrooms, bathroom with toilet, two additional toilets, storage room, and a terrace, providing functional and convenient use.
The property is in a prefab panel block on the 5th of 8 floors with an available elevator. The construction is typical for the area, with no specific year of construction provided.
The location is central and well-connected, with easy access to shops, services, and public transport in the Cherven Ploshtad area.
Suitable for family living with balanced layout and amenities in an urban environment.
With 20% down over 20 years the monthly mortgage payment is about 2,107 €, against an expected local rent of 1,155 €. The rent covers 55% of it.
Source: Market statistics for 4-room apartments in Vins-Cherven Ploshtad
Pros and cons
AI summaryPros
- functional layout
- terrace
- elevator
- central location
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 imotesaDerived from this specific property's data — not a generic checklist. Take them with you.
Has the block been insulated under the renovation programme, and is there paperwork for it?
Because: Prefabricated panel construction.
Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.
Amenities
- Elevator
Details
- Category
- Residential
- Rooms
- 4
- Bathrooms
- 1
- Furnishing
- Yes
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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