median 1,956 €/m² for comparable properties
Rent covers ~ 72% of the payment
~ 577 €/mo rent · you top up ~ 222 €/mo
~12,500 € ABOVE MARKET
overpriced
against the median for 1-room apartments in Kolhozen Pazar (28 properties)
Strong investment rating
The rent covers 189% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 10 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.
This apartment is priced about 12,500 € above the typical price (the median) for 1-room apartments in Kolhozen Pazar (28 properties) — 2,908 €/m² against 1,868 €/m².
The property is a one-room apartment with an area of 12 sq m, located on the ground floor in the Kolhozen pazar area of Varna. The layout includes a kitchenette, a separate bedroom, and a bathroom with toilet, which are located directly opposite the entrance door. The building is brick, built in 2010, which suggests a newer construction and modern materials. The apartment does not face the street and looks onto an inner courtyard, with a southeast aspect. The location is close to central city amenities and the market, providing easy access to transport and services. The property is suitable for personal use or rental, offering a compact and functional space in an urban environment.
With 20% down over 20 years the monthly mortgage payment is about 155 €, against an expected local rent of 292 €. The rent covers the whole payment (189%).
Source: Market statistics for 1-room apartments in Kolhozen Pazar
The exact address hasn't been published by the seller — the map shows the neighbourhood.
median 1,956 €/m² for comparable properties
Rent covers ~ 72% of the payment
~ 577 €/mo rent · you top up ~ 222 €/mo
median 1,868 €/m² for comparable properties
Rent covers ~ 77% of the payment
~ 292 €/mo rent · you top up ~ 85 €/mo
median 1,956 €/m² for comparable properties
Rent covers ~ 97% of the payment
~ 577 €/mo rent · you top up ~ 18 €/mo
median 1,668 €/m² for comparable properties
Rent covers ~ 38% of the payment
~ 494 €/mo rent · you top up ~ 815 €/mo
median 1,956 €/m² for comparable properties
Rent covers ~ 81% of the payment
~ 577 €/mo rent · you top up ~ 132 €/mo
median 1,962 €/m² for comparable properties
Rent covers ~ 111% of the payment
~ 469 €/mo rent · pays for itself in ~ 17 yrs
median 1,962 €/m² for comparable properties
Rent covers ~ 62% of the payment
~ 469 €/mo rent · you top up ~ 282 €/mo
median 1,956 €/m² for comparable properties
Rent covers ~ 65% of the payment
~ 577 €/mo rent · you top up ~ 317 €/mo