median 1,988 €/m² for comparable properties
Rent covers ~ 76% of the payment
~ 469 €/mo rent · you top up ~ 148 €/mo
~103,000 € ABOVE MARKET
overpriced
against the median for 3-room apartments in Kolhozen Pazar (118 properties)
Low investment rating
The rent covers 54% of the payment — you top up about 487 €/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.
This apartment is priced about 103,000 € above the typical price (the median) for 3-room apartments in Kolhozen Pazar (118 properties) — 3,428 €/m² against 1,957 €/m².
Three-room apartment with an area of 70 sq m is located in the city of Varna, Kolhozen pazar district.
The layout includes two bedrooms, a living room with kitchenette, and two terraces, providing functional use of the space.
The property is in a brick building from 2005, on the second of five floors, with available parking space and internet.
The location is close to the fish market and offers convenient access to the city infrastructure.
Suitable both for living and as an investment with current tenants, with the possibility for personal use after vacating the property.
With 20% down over 20 years the monthly mortgage payment is about 1,065 €, against an expected local rent of 578 €. The rent covers 54% of it.
Source: Market statistics for 3-room apartments in Kolhozen Pazar
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median 1,988 €/m² for comparable properties
Rent covers ~ 76% of the payment
~ 469 €/mo rent · you top up ~ 148 €/mo
median 1,957 €/m² for comparable properties
Rent covers ~ 68% of the payment
~ 578 €/mo rent · you top up ~ 274 €/mo
median 1,668 €/m² for comparable properties
Rent covers ~ 36% of the payment
~ 494 €/mo rent · you top up ~ 881 €/mo
median 1,802 €/m² for comparable properties
Rent covers ~ 36% of the payment
~ 494 €/mo rent · you top up ~ 881 €/mo
median 1,957 €/m² for comparable properties
Rent covers ~ 70% of the payment
~ 578 €/mo rent · you top up ~ 243 €/mo
median 1,957 €/m² for comparable properties
Rent covers ~ 84% of the payment
~ 578 €/mo rent · you top up ~ 110 €/mo
median 1,957 €/m² for comparable properties
Rent covers ~ 59% of the payment
~ 578 €/mo rent · you top up ~ 398 €/mo
median 1,802 €/m² for comparable properties
Rent covers ~ 47% of the payment
~ 494 €/mo rent · you top up ~ 549 €/mo