Sale

One-room apartment on attic floor in Kolhozen pazar, Varna

VarnaKolhozen Pazar
Published: 2 May 2025 Updated: 9 July 2026
Sale28,900 €963 €/m²
Expected rent292 € /mo

~27,000 € BELOW MARKET

far below market

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

A price this far below the market usually has a reason the listing does not mention — encumbrances or an error in the ad.

Area
30 m²
Floor
5 / 5
Construction
Brick
Year
1990

Yield analysis

Strong investment rating

12.1% / yr
Monthly payment128 €20% down payment · 20 yrs · 3%
Expected rent292 €at market conditions for the neighbourhood

The rent covers 228% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 8 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 27,000 € below the typical price (the median) for 1-room apartments in Kolhozen Pazar (28 properties) — 963 €/m² against 1,868 €/m². A price this far below the market usually has a reason the listing does not mention — encumbrances or an error in the ad.

One-room apartment in Varna city, Kolhozen pazar district, located on the top floor of a residential building with an elevator.
The property is an attic space with a sanitary unit, suitable for furnishing according to the owner's needs.
The building is brick from 1990, with maintained common areas and an available elevator, which facilitates access to the apartment.
The location is well connected, close to main boulevards, the city garden and numerous amenities such as shops and transport.
It is suitable for personal use or rental, offering flexibility in finishing works.

With 20% down over 20 years the monthly mortgage payment is about 128 €, against an expected local rent of 292 €. The rent covers the whole payment (228%).

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

Pros and cons

AI summary
Pros
  • elevator
  • central location
  • brick construction
Cons
  • top 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. Why is this priced below comparable properties? Is there anything that could affect the sale?

    Because: The price per m² is about 49% below the average for comparable properties.

  2. What feedback have previous viewers given?

    Because: We have been tracking this listing for about 519 days.

  3. What condition is the roof in, and does it overheat in summer?

    Because: The property is on the top floor.

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

Layout

  • attic space
  • sanitary unit

Amenities

  • Elevator

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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