Sale

Two-room apartment with south-facing terrace in Kolhozen pazar, Varna

VarnaKolhozen Pazar
Published: 7 September 2026 Updated: 7 September 2026
Sale89,200 €1,749 €/m²
Expected rent469 € /mo

~11,000 € BELOW MARKET

good value

against the median for 2-room apartments in Kolhozen Pazar (105 properties)

Area
51 m²
Floor
4 / 4
Construction
Brick
Year
1999

Yield analysis

Good investment rating

6.3% / yr
Monthly payment396 €20% down payment · 20 yrs · 3%
Expected rent469 €at market conditions for the neighbourhood

The rent covers 119% 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.

Price history

1 change since listing▲ 6.5% · 5,800 €
  1. 89,200 €5 September 2026Initial price
  2. 95,000 €▲ 5,800 € (6.5%) 7 September 2026Price increasedCurrent

Property analysis

This apartment is priced about 11,000 € below the typical price (the median) for 2-room apartments in Kolhozen Pazar (105 properties) — 1,749 €/m² against 1,962 €/m².

2-room apartment in Varna city, Kolhozen pazar district, located on the top floor of a small four-storey building.

The layout includes a south-facing living room with terrace, a north-facing kitchen, and a bathroom with toilet between them, providing functional separation of the areas.

The building is brick construction from 1999, with Act 16 and PVC windows; the property needs renovation and is unfurnished.

The location is convenient, close to public transport stops, Kolhozen pazar, and main city amenities such as shops and schools.

The property is suitable for people looking for a home with customization potential in the central part of Varna.

With 20% down over 20 years the monthly mortgage payment is about 396 €, against an expected local rent of 469 €. The rent covers the whole payment (119%).

The asking price has risen by 5,800 € (6.5%) since it was first listed.

Source: Market statistics for 2-room apartments in Kolhozen Pazar

Pros and cons

AI summary
Pros
  • south-facing terrace
  • functional layout
  • close to public transport
  • small building
Cons
  • top floor
  • needs renovation

Questions for the viewing

Only on imotesa

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

  1. What changed since the listing went up — a renovation, paperwork, something else?

    Because: The price is about 7% higher than when it was first advertised.

  2. What is the scope of the work, and are there hidden problems with the wiring or plumbing?

    Because: The listing states that the property needs renovation.

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

    Because: The property is on the top floor.

  4. Is there a lift in the building, and what condition is it in?

    Because: The property is on floor 4 and the listing does not mention a lift.

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

Layout

  • living room
  • kitchen
  • bathroom

Amenities

  • Access Control
  • Needs Renovation

Exposure

AI summary
SSouth

Maximum sunlight throughout the day

NNorth

Even light, cooler during summer

Details

Category
Residential
Rooms
2
Bathrooms
1

Location

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