median 1,988 €/m² for comparable properties
Rent covers ~ 76% of the payment
~ 469 €/mo rent · you top up ~ 148 €/mo
AT MARKET LEVEL
fairly priced
against the median for 2-room apartments in Kolhozen Pazar (105 properties)
Fair investment rating
The rent covers 104% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 18 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.
This apartment is priced at the typical price (the median) for 2-room apartments in Kolhozen Pazar (105 properties) — 1,989 €/m² against 1,988 €/m².
2-room apartment in Varna city, Kolhozen pazar district, part of a new-build building.
The layout includes a living room with kitchenette and three terraces, a bedroom with access to a terrace, a bathroom with WC, and a corridor. The property has a total floor area of 51.88 sq m, with an adjacent basement.
The building is brick, 7 floors with an elevator and intercom system. The apartment is offered in BDS standard finish with PVC windows and a security entrance door. Heating is electric.
The area is quiet, close to schools, shops and public transport, about 10 minutes on foot from Varna city centre. The surroundings are mostly low-rise buildings.
Suitable for people looking for housing in an urban environment with the possibility to complete according to personal preferences.
With 20% down over 20 years the monthly mortgage payment is about 450 €, against an expected local rent of 469 €. The rent covers the whole payment (104%).
Source: Market statistics for 2-room apartments in Kolhozen Pazar
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The exact address hasn't been published by the seller — the map shows the neighbourhood.
median 1,988 €/m² for comparable properties
Rent covers ~ 76% of the payment
~ 469 €/mo rent · you top up ~ 148 €/mo
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~ 578 €/mo rent · you top up ~ 274 €/mo
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~ 494 €/mo rent · you top up ~ 881 €/mo
median 1,958 €/m² for comparable properties
Rent covers ~ 70% of the payment
~ 578 €/mo rent · you top up ~ 243 €/mo
median 1,958 €/m² for comparable properties
Rent covers ~ 59% of the payment
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median 1,802 €/m² for comparable properties
Rent covers ~ 47% of the payment
~ 494 €/mo rent · you top up ~ 549 €/mo
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median 1,668 €/m² for comparable properties
Rent covers ~ 63% of the payment
~ 494 €/mo rent · you top up ~ 296 €/mo