+37% above market
median 1,956 €/m² for comparable properties
180,000 € 2,571 €/m²
Rent covers ~ 72% of the payment
~ 577 €/mo rent · you top up ~ 222 €/mo
Sale82,000 €1,744 €/m²
Expected rent469 € /mo
~10,000 € BELOW MARKET
good value
against the median for 2-room apartments in Kolhozen Pazar (105 properties)
Area
47 m²
Construction
Brick
Year
2010
Yield analysis
Good investment rating
Monthly payment364 €20% down payment · 20 yrs · 3%
Expected rent469 €at market conditions for the neighbourhood
The rent covers 129% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 15 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 10,000 € below the typical price (the median) for 2-room apartments in Kolhozen Pazar (105 properties) — 1,744 €/m² against 1,962 €/m².
Apartment with two rooms in Varna city, Kolhozen pazar district.
Layout on two floors – first level with living room, kitchenette and bathroom with toilet, lower level with spacious bedroom.
The building is brick, the apartment is furnished and equipped with air conditioning, washer-dryer, boiler and stove. It has household electricity and low monthly expenses.
Located on a quiet street near Kolhozen pazar and Billa store, providing convenient access to urban infrastructure.
Suitable for personal use, investment or small business due to the functional layout and location.
With 20% down over 20 years the monthly mortgage payment is about 364 €, against an expected local rent of 469 €. The rent covers the whole payment (129%).
Source: Market statistics for 2-room apartments in Kolhozen Pazar
Pros and cons
AI summaryPros
- functional layout
- furnished
- close to urban infrastructure
Cons
- ground floor
- lack of floor information
Details
- Category
- Residential
- Rooms
- 2
- Bathrooms
- 1
- Furnishing
- Yes
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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