No market valuation
120,000 € 2,000 €/m²
No yield data
Appears once there's enough market data
Sale159,900 €2,284 €/m²
Expected rent577 € /mo
~23,000 € ABOVE MARKET
above market
against the median for 3-room apartments in Kolhozen Pazar (116 properties)
Area
70 m²
Floor
2 / 6
Construction
Brick
Year
2008
Yield analysis
Fair investment rating
Monthly payment709 €20% down payment · 20 yrs · 3%
Expected rent577 €at market conditions for the neighbourhood
The rent covers 81% of the payment — you top up about 132 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 23 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 23,000 € above the typical price (the median) for 3-room apartments in Kolhozen Pazar (116 properties) — 2,284 €/m² against 1,956 €/m².
The apartment is located in the city of Varna, on Belasitsa St in the Kolhozen pazar area.
The layout includes an entrance hall, living area with access to a terrace, two separate bedrooms, and a combined bathroom without walk-through rooms.
The building is brick from 2008, with an elevator and well-maintained common areas. The apartment is renovated, with new kitchen appliances and an updated bathroom.
The location is convenient and quiet, close to a school, shops, and the city centre, suitable for families.
The property is practical and ready to live in or rent out, combining convenience and functionality.
With 20% down over 20 years the monthly mortgage payment is about 709 €, against an expected local rent of 577 €. The rent covers 81% of it.
Source: Market statistics for 3-room apartments in Kolhozen Pazar
Pros and cons
AI summaryPros
- functional layout
- southeast aspect
- elevator
- renovated
Cons
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
Amenities
- Elevator
- Renovated
Details
- Category
- Residential
- Rooms
- 3
- Bathrooms
- 1
- Furnishing
- Yes
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
Similar properties nearby
No market valuation
120,000 € 2,000 €/m²
No yield data
Appears once there's enough market data
+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
+20% above market
median 1,868 €/m² for comparable properties
85,000 € 2,236 €/m²
Rent covers ~ 77% of the payment
~ 292 €/mo rent · you top up ~ 85 €/mo
+14% above market
median 1,956 €/m² for comparable properties
134,000 € 2,233 €/m²
Rent covers ~ 97% of the payment
~ 577 €/mo rent · you top up ~ 18 €/mo
−12% below market
median 1,668 €/m² for comparable properties
295,000 € 1,475 €/m²
Rent covers ~ 38% of the payment
~ 494 €/mo rent · you top up ~ 815 €/mo
At market level
median 1,962 €/m² for comparable properties
95,000 € 2,065 €/m²
Rent covers ~ 111% of the payment
~ 469 €/mo rent · pays for itself in ~ 17 yrs
At market level
median 1,962 €/m² for comparable properties
169,250 € 1,991 €/m²
Rent covers ~ 62% of the payment
~ 469 €/mo rent · you top up ~ 282 €/mo