No market valuation
120,000 € 2,000 €/m²
No yield data
Appears once there's enough market data
Sale180,000 €2,571 €/m²
Expected rent577 € /mo
~43,000 € ABOVE MARKET
overpriced
against the median for 3-room apartments in Kolhozen Pazar (116 properties)
Area
70 m²
Floor
4 / 16
Construction
EPC
Yield analysis
Low investment rating
Monthly payment799 €20% down payment · 20 yrs · 3%
Expected rent577 €at market conditions for the neighbourhood
The rent covers 72% of the payment — you top up about 222 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 26 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.
Price history
3 changes since listing▼ 2.7% · 5,000 €
- 185,000 €
- 185,000 €▲ 0 € (0%)
- 200,000 €▲ 15,000 € (8.1%)
- 180,000 €▼ 20,000 € (10%)
Property analysis
This apartment is priced about 43,000 € above the typical price (the median) for 3-room apartments in Kolhozen Pazar (116 properties) — 2,686 €/m² against 1,956 €/m².
The offered property is a 3-room apartment with an area of 70 sq m, located in Varna city, Kolhozen pazar district, near Lavrentiy Square. The layout includes a corridor, living room with kitchenette, lounge, bedroom, bathroom with toilet, and a terrace that faces all rooms. The apartment is on the 4th floor of a 16-storey building with an elevator. The construction is EPK type, indicating a newer and higher-quality structure. The location is close to key city landmarks such as the Cathedral and Central Post Office, providing convenient access to urban infrastructure. The property is suitable for those seeking accommodation in a central urban environment with a functional layout and basic amenities.
With 20% down over 20 years the monthly mortgage payment is about 799 €, against an expected local rent of 577 €. The rent covers 72% of it.
The asking price has fallen by 5,000 € (2.7%) since it was first listed.
Source: Market statistics for 3-room apartments in Kolhozen Pazar
Pros and cons
AI summaryPros
- functional layout
- terrace facing all rooms
- elevator
- central location
Cons
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
Layout
- corridor
- living room
- lounge
- bedroom
- bathroom
Amenities
- Elevator
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
No market valuation
120,000 € 2,000 €/m²
No yield data
Appears once there's enough market data
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At market level
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At market level
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