+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
Sale124,000 €2,254 €/m²
Expected rent469 € /mo
~16,000 € ABOVE MARKET
above market
against the median for 2-room apartments in Kolhozen Pazar (105 properties)
Area
55 m²
Floor
5 / 5
Construction
Brick
Year
2021
Yield analysis
Fair investment rating
Monthly payment550 €20% down payment · 20 yrs · 3%
Expected rent469 €at market conditions for the neighbourhood
The rent covers 85% of the payment — you top up about 81 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 22 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 16,000 € above the typical price (the median) for 2-room apartments in Kolhozen Pazar (105 properties) — 2,254 €/m² against 1,962 €/m².
Two-room apartment in a new building in the Kolhozen pazar district, Varna. The property has a floor area of 55 sq m and is located on the top floor (5 of 5).
The layout includes a living area with kitchenette, separate bedroom, entrance hall, bathroom with toilet, and two terraces – one for each room. The aspect is east-west, providing good natural light throughout the day.
The building is brick, built in 2021, with an elevator and Act 16. The apartment is finished turnkey and ready to move in, with the bathroom equipped and completed.
The location is close to Vladislav Varnenchik Blvd, offering easy access to Varna city centre, public transport, and essential services.
The property is suitable both for living and investment due to the new-build status and functional layout.
With 20% down over 20 years the monthly mortgage payment is about 550 €, against an expected local rent of 469 €. The rent covers 85% of it.
Source: Market statistics for 2-room apartments in Kolhozen Pazar
Pros and cons
AI summaryPros
- new-build
- two terraces
- elevator
- east-west aspect
Cons
- top floor
Questions for the viewing
Only on imotesaDerived from this specific property's data — not a generic checklist. Take them with you.
What condition is the roof in, and does it overheat in summer?
Because: The property is on the top floor.
Is there enough daylight during the day?
Because: The advertised exposure has no southern side.
Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.
Layout
- living area with kitchenette
- bedroom
- entrance hall
- bathroom with toilet
- terrace
- terrace
Amenities
- Elevator
Exposure
AI summaryEEast
Morning sun, cooler afternoons
WWest
Afternoon and evening sun
Details
- Category
- Residential
- Rooms
- 2
- Bathrooms
- 1
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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