SaleRent

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

VarnaKolhozen Pazar
Published: 1 May 2026 Updated: 18 September 2026
Sale49,900 €2,376 €/m²
Expected rent292 € /mo

~10,500 € ABOVE MARKET

overpriced

against the median for 1-room apartments in Kolhozen Pazar (30 properties)

Area
21 m²
Floor
0 / 5
Construction
Brick
Year
2008

Yield analysis

Good investment rating

7% / yr
Monthly payment221 €20% down payment · 20 yrs · 3%
Expected rent292 €at market conditions for the neighbourhood

The rent covers 132% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 14 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.

Price history

2 changes since listing▼ 15.4% · 9,100 €
  1. 59,000 €9 June 2026Initial price
  2. 55,000 €▼ 4,000 € (6.8%) 7 July 2026Price reduced
  3. 49,900 €▼ 5,100 € (9.3%) 16 September 2026Price reducedCurrent

Property analysis

This apartment is priced about 10,500 € above the typical price (the median) for 1-room apartments in Kolhozen Pazar (30 properties) — 2,376 €/m² against 1,868 €/m².

One-room apartment with an area of 21 sq m in the city of Varna, Kolhozen pazar district.

The layout includes one main room and a bathroom with toilet, suitable for single use or as office space.

The property is in a brick building from 2008, on the ground floor, with air conditioning for heating and cooling and wiring for a security system.

The location has well-developed infrastructure, close to shops, kindergarten, school, and public transport stops.

It is suitable for people looking for a compact and functional space in the central urban area with easy access to amenities.

With 20% down over 20 years the monthly mortgage payment is about 221 €, against an expected local rent of 292 €. The rent covers the whole payment (132%).

The asking price has fallen by 9,100 € (15.4%) since it was first listed.

Source: Market statistics for 1-room apartments in Kolhozen Pazar

Pros and cons

AI summary
Pros
  • brick construction
  • air conditioning
  • good location
Cons
  • ground floor
  • small area

Questions for the viewing

Only on imotesa

Derived from this specific property's data — not a generic checklist. Take them with you.

  1. Is there still room to negotiate, and why has it not sold yet?

    Because: The price has been cut 2 times — about 15% below the original asking price.

  2. Is there a tenant at the moment, and when does the lease end?

    Because: The property is advertised for sale and for rent at the same time.

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

Layout

  • room 21 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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