Sale−12% below market

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

VarnaKolhozen Pazar
Published: 6 March 2026 Updated: 9 July 2026
Sale239,990 €1,951 €/m²
Expected rent577 € /mo
Area
123 m²
Floor
6 / 7
Construction
Brick
Year
2026

Yield analysis

Low investment rating

2.9% / yr
Monthly payment1,065 €20% down payment · 20 yrs · 3%
Expected rent577 €at market conditions for the neighbourhood

The rent covers 54% of the payment — you top up about 488 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 35 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.

Price history

2 changes since listing▼ 11.1% · 30,000 €
  1. 269,990 €6 March 2026Initial price
  2. 226,990 €▼ 43,000 € (15.9%) 3 May 2026Price reduced
  3. 239,990 €▲ 13,000 € (5.7%) 9 July 2026Price increasedCurrent

Property analysis

This apartment is priced 12% below the typical price (the median) for comparable properties — 1,714 €/m² against 1,956 €/m².

The presented property is a three-room apartment in Varna, Kolhozen pazar district. It is located on the 6th floor of 7 in a new brick building, constructed in 2026.

The layout includes a two-level apartment with a kitchen and living room opening onto a terrace, two bedrooms opening onto a second terrace, corridor, laundry room, large bathroom with toilet, and storage room.

The building has a modern appearance, equipped with an elevator and access control, with the apartment at pre-Act 15 stage. Quality materials were used in construction.

The location is close to the Cathedral, with convenient access to city amenities and transport. The apartment offers views of Asparuhov Bridge, the sea, and Galata.

The property is suitable for those seeking a home with functional layout and urban location with panoramic views.

With 20% down over 20 years the monthly mortgage payment is about 1,065 €, against an expected local rent of 577 €. The rent covers 54% of it.

The asking price has fallen by 30,000 € (11.1%) since it was first listed.

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

Pros and cons

AI summary
Pros
  • functional layout
  • panoramic terrace
  • new-build
  • elevator
Cons

We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.

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. What feedback have previous viewers given?

    Because: We have been tracking this listing for about 238 days.

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

    Because: The building dates from 2026.

Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.

Layout

  • kitchen
  • living area
  • bedroom
  • bedroom
  • corridor
  • laundry room
  • bathroom

Amenities

  • Elevator
  • Access Control
  • Renovated

Details

Category
Residential
Rooms
3
Bathrooms
1

Approximate location

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

Similar properties nearby