Sale

One-room apartment on the ground floor in Kolhozen pazar, Varna

VarnaKolhozen Pazar
Published: 1 May 2026 Updated: 8 September 2026
Sale34,900 €2,908 €/m²
Expected rent292 € /mo

~12,500 € ABOVE MARKET

overpriced

against the median for 1-room apartments in Kolhozen Pazar (28 properties)

Area
12 m²
Floor
0 / 6
Construction
Brick
Year
2010

Yield analysis

Strong investment rating

10% / yr
Monthly payment155 €20% down payment · 20 yrs · 3%
Expected rent292 €at market conditions for the neighbourhood

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.

Property analysis

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

Pros and cons

AI summary
Pros
  • southeast aspect
  • new brick building
  • close to centre
Cons
  • ground floor
  • very small area
  • bathroom outside apartment

Layout

  • kitchenette 8 sq m
  • bedroom 2.70 sq m by 2.30 sq m

Details

Category
Residential
Rooms
1
Bathrooms
1

Approximate location

The exact address hasn't been published by the seller — the map shows the neighbourhood.

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