Spacious 4-room apartment with two terraces in Kolhozen pazar, Varna

This apartment is priced 11% below the typical price (the median) for comparable properties — 1,748 €/m² against 1,959 €/m².

The offered property is a 4-room apartment with an area of 119 sq m, located on the second floor of a brick building from 2006 in the Kolhozen pazar area of Varna. The residence includes a spacious living room with access to a terrace, a kitchen with a dining area and a second terrace, two bedrooms, a closet, and a storage room, providing convenience and functionality in the layout. The building is brick, with four floors and no elevator, which is important to consider for daily use. The location is convenient, close to commercial outlets, educational institutions, banks, pharmacies, and public transport stops, facilitating access to essential services and connections. The property offers a balanced combination of comfort and practicality in a preferred area of Varna.

With 20% down over 20 years the monthly mortgage payment is about 528 €, against an expected local rent of 576 €. The rent covers the whole payment (109%).

The asking price has fallen by 96,100 € (44.7%) since it was first listed.

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