median 1,959 €/m² for comparable properties
Rent covers ~ 108% of the payment
~ 576 €/mo rent · pays for itself in ~ 17 yrs
~25,000 € ABOVE MARKET
overpriced
against the median for 1-room apartments in Kolhozen Pazar (28 properties)
Good investment rating
The rent covers 115% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 16 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 25,000 € above the typical price (the median) for 1-room apartments in Kolhozen Pazar (28 properties) — 3,352 €/m² against 1,868 €/m².
The property is a studio with an area of 17 sq m, located on the ground floor in the Kolhozen pazar, Varna area. The layout includes one room with designated areas for resting, dining, and cooking, as well as a separate bathroom with toilet. The building is brick, built in 2005, with maintained common areas and an inner courtyard. The property has a separate entrance, providing additional convenience and independence. The location is in a central urban area with easy access to city infrastructure. It is suitable for personal use or investment for rental purposes. This is a practical choice for one person or a student seeking a compact and functional home in the center of Varna.
With 20% down over 20 years the monthly mortgage payment is about 253 €, against an expected local rent of 292 €. The rent covers the whole payment (115%).
The asking price has fallen by 2,900 € (4.8%) since it was first listed.
Source: Market statistics for 1-room apartments in Kolhozen Pazar
Derived from this specific property's data — not a generic checklist. Take them with you.
Is there still room to negotiate?
Because: The price has been cut once, by about 5%.
Is there damp, is there enough daylight, and what is the noise like?
Because: The property is on the first floor.
Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.
The exact address hasn't been published by the seller — the map shows the neighbourhood.
median 1,959 €/m² for comparable properties
Rent covers ~ 108% of the payment
~ 576 €/mo rent · pays for itself in ~ 17 yrs
median 1,959 €/m² for comparable properties
Rent covers ~ 108% of the payment
~ 576 €/mo rent · pays for itself in ~ 17 yrs
median 1,959 €/m² for comparable properties
Rent covers ~ 72% of the payment
~ 576 €/mo rent · you top up ~ 223 €/mo
median 1,868 €/m² for comparable properties
Rent covers ~ 77% of the payment
~ 292 €/mo rent · you top up ~ 85 €/mo
median 1,959 €/m² for comparable properties
Rent covers ~ 97% of the payment
~ 576 €/mo rent · you top up ~ 19 €/mo
median 1,668 €/m² for comparable properties
Rent covers ~ 38% of the payment
~ 492 €/mo rent · you top up ~ 817 €/mo
median 1,959 €/m² for comparable properties
Rent covers ~ 81% of the payment
~ 576 €/mo rent · you top up ~ 133 €/mo
median 1,964 €/m² for comparable properties
Rent covers ~ 111% of the payment
~ 466 €/mo rent · pays for itself in ~ 17 yrs