Sale

Three-room apartment with large terrace in Kolhozen pazar, Varna

VarnaKolhozen Pazar
Published: 27 August 2026 Updated: 27 August 2026
Sale189,000 €1,718 €/m²
Expected rent577 € /mo

~26,000 € BELOW MARKET

good value

against the median for 3-room apartments in Kolhozen Pazar (116 properties)

Area
110 m²
Floor
7 / 7
Construction
Brick
Year
2026

Yield analysis

Low investment rating

3.7% / yr
Monthly payment839 €20% down payment · 20 yrs · 3%
Expected rent577 €at market conditions for the neighbourhood

The rent covers 69% of the payment — you top up about 262 €/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 26,000 € below the typical price (the median) for 3-room apartments in Kolhozen Pazar (116 properties) — 1,718 €/m² against 1,956 €/m².

3-room apartment in Varna city, Kolhozen pazar district. The total area is 110 sq m and it is located on the top seventh floor of a new brick building.

The layout includes a storage room and a large U-shaped terrace of 26 sq m with panoramic city views, providing additional space and light.

The building is constructed according to BDS standards, at an advanced stage of construction (Act 15), which guarantees modern materials and technologies. There is an option to purchase an underground parking space.

The location is close to Grand Mall shopping center and offers the conveniences of urban living with easy access to transport and services.

The property is suitable for those seeking a spacious apartment with a good location and additional outdoor areas in an urban environment.

With 20% down over 20 years the monthly mortgage payment is about 839 €, against an expected local rent of 577 €. The rent covers 69% of it.

Source: Market statistics for 3-room apartments in Kolhozen Pazar

Pros and cons

AI summary
Pros
  • large terrace
  • panoramic view
  • new-build
  • underground parking space
Cons
  • top floor

Questions for the viewing

Only on imotesa

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

  1. Why is this priced below comparable properties? Is there anything that could affect the sale?

    Because: The price per m² is about 12% below the average for comparable properties.

  2. Has Act 16 been issued, and what guarantees cover the common parts?

    Because: The building dates from 2026.

  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 7 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

  • bedroom
  • bedroom
  • bedroom

Details

Category
Residential
Rooms
3

Approximate location

The exact address hasn't been published by the seller — the map shows the neighbourhood.

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