No market valuation
120,000 € 2,000 €/m²
No yield data
Appears once there's enough market data
Sale138,990 €2,725 €/m²
Expected rent469 € /mo
~39,000 € ABOVE MARKET
overpriced
against the median for 2-room apartments in Kolhozen Pazar (105 properties)
Area
51 m²
Floor
2 / 6
Construction
Brick
Yield analysis
Fair investment rating
Monthly payment617 €20% down payment · 20 yrs · 3%
Expected rent469 €at market conditions for the neighbourhood
The rent covers 76% of the payment — you top up about 148 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 25 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 39,000 € above the typical price (the median) for 2-room apartments in Kolhozen Pazar (105 properties) — 2,725 €/m² against 1,962 €/m².
Apartment with two rooms, located in the area of Kolhozen pazar, Varna. The property has a floor area of 51 sq m and is situated on the 2nd floor of 6 in a brick building. The layout includes an entrance hall, living room with kitchenette, bedroom, bathroom with toilet, and terrace. The building has an elevator and access control, and the common areas are maintained. The construction is brick, providing good insulation and durability. The location is convenient, close to key road arteries, a school, kindergarten, and medical center, as well as within walking distance to the city centre and the Sea Garden. The property is suitable for year-round living or investment considering the functional layout and location.
With 20% down over 20 years the monthly mortgage payment is about 617 €, against an expected local rent of 469 €. The rent covers 76% of it.
Source: Market statistics for 2-room apartments in Kolhozen Pazar
Pros and cons
AI summaryPros
- functional layout
- brick construction
- elevator
- central location
Cons
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
Layout
- bedroom
- living room
- bathroom-toilet
- hall
- terrace
Details
- Category
- Residential
- Rooms
- 2
- Bathrooms
- 1
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
Similar properties nearby
No market valuation
120,000 € 2,000 €/m²
No yield data
Appears once there's enough market data
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At market level
median 1,962 €/m² for comparable properties
95,000 € 2,065 €/m²
Rent covers ~ 111% of the payment
~ 469 €/mo rent · pays for itself in ~ 17 yrs