+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
Sale153,000 €2,593 €/m²
Expected rent469 € /mo
~37,000 € ABOVE MARKET
overpriced
against the median for 2-room apartments in Kolhozen Pazar (105 properties)
Area
59 m²
Floor
4 / 8
Construction
Brick
Year
2010
Yield analysis
Low investment rating
Monthly payment679 €20% down payment · 20 yrs · 3%
Expected rent469 €at market conditions for the neighbourhood
The rent covers 69% of the payment — you top up about 210 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 27 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 37,000 € above the typical price (the median) for 2-room apartments in Kolhozen Pazar (105 properties) — 2,593 €/m² against 1,962 €/m².
2-room apartment in Varna, Kolhozen pazar district, located on the 4th floor of 8 in a brick building.
The layout includes a living room with kitchenette and island, bedroom, dining area and bathroom with built-in shower, with functional walk-through rooms.
The building was constructed in 2010, with PVC windows and an elevator, providing convenience and maintenance.
The location is close to key city landmarks such as the Cathedral and the Sea Garden, with good transport links and commercial services.
The property is suitable for living or renting out, combining convenience and accessibility in the central part of Varna.
With 20% down over 20 years the monthly mortgage payment is about 679 €, against an expected local rent of 469 €. The rent covers 69% of it.
Source: Market statistics for 2-room apartments in Kolhozen Pazar
Pros and cons
AI summaryPros
- functional layout
- elevator
- central location
- brick construction
Cons
- walk-through rooms
Layout
- living room
- bedroom
Amenities
- With Transition
- Elevator
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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