Sale

Multi-room apartment with 3 bedrooms in Varna, VINS-Cherven Ploshtad

VarnaVins-Cherven Ploshtad
Published: 2 April 2026 Updated: 25 September 2026
Sale319,000 €2,170 €/m²
Expected rent721 € /mo

~91,000 € BELOW MARKET

good value

against the median for apartments in Vins-Cherven Ploshtad (54 properties)

Area
147 m²
Floor
3 / 4
Construction
Brick

Yield analysis

Low investment rating

2.7% / yr
Monthly payment1,415 €20% down payment · 20 yrs · 3%
Expected rent721 €at market conditions for the neighbourhood

The rent covers 51% of the payment — you top up about 694 €/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 about 91,000 € below the typical price (the median) for apartments in Vins-Cherven Ploshtad (54 properties) — 2,170 €/m² against 2,790 €/m².

An apartment with an area of 147 sq m is located in the VINS-Cherven Ploshtad district, Varna. The layout includes a corridor with built-in wardrobes, a spacious living area with kitchen, dining room and lounge, three large south-facing bedrooms, and two bathrooms with toilets. The property is brick-built and situated on the 3rd of 4 floors. The apartment has undergone a full renovation with new furniture and equipment in light tones. The location is close to the Sea Garden, the beach and the centre of Varna, providing convenient access to urban infrastructure. The property is suitable for living and investment, offering a functional layout and a good balance between space and amenities.

With 20% down over 20 years the monthly mortgage payment is about 1,415 €, against an expected local rent of 721 €. The rent covers 51% of it.

This property is advertised in 2 offers from 2 different sellers. The gap between the cheapest and the dearest is 41,000 €. It has been listed for 184 days.

Source: Market statistics for apartments in Vins-Cherven Ploshtad

Pros and cons

AI summary
Pros
  • functional layout
  • south aspect
  • close to park
  • after full renovation
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. Which price is the real one, and who am I negotiating with?

    Because: The property appears in 2 listings, and the prices differ by about 11%.

  2. Why is this priced below comparable properties? Is there anything that could affect the sale?

    Because: The price per m² is about 22% below the average for comparable properties.

  3. What feedback have previous viewers given?

    Because: We have been tracking this listing for about 184 days.

Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.

Layout

  • corridor
  • living area
  • kitchen
  • dining room
  • lounge
  • bedroom
  • bedroom
  • bedroom

Exposure

AI summary
SSouth

Maximum sunlight throughout the day

Details

Category
Residential
Rooms
4
Bathrooms
2

Location

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