Sale

Three-room apartment on the second floor in Kolhozen pazar, Varna

VarnaKolhozen Pazar
Published: 7 March 2026 Updated: 2 September 2026
Sale125,000 €1,712 €/m²
Expected rent576 € /mo

~18,000 € BELOW MARKET

good value

against the median for 3-room apartments in Kolhozen Pazar (117 properties)

Area
73 m²
Floor
2 / 8
Construction
Brick
Year
2027

Yield analysis

Fair investment rating

5.5% / yr
Monthly payment555 €20% down payment · 20 yrs · 3%
Expected rent576 €at market conditions for the neighbourhood

The rent covers 104% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 18 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 18,000 € below the typical price (the median) for 3-room apartments in Kolhozen Pazar (117 properties) — 1,712 €/m² against 1,959 €/m².

The offered property is a three-room apartment with an area of 73 sq m, located in Varna, Kolhozen pazar district. The layout includes a corridor, living room with kitchenette, two bedrooms, bathroom with toilet, and a storage room, providing functional use of the space. The building is new-build from 2027, constructed with brick materials and equipped with an elevator, with the apartment offered in shell condition with the option for turnkey completion. The location is convenient, close to Elin Pelin School and DCC 5, ensuring easy access to educational and healthcare services. The property is suitable for family living with good infrastructure and parking options.

With 20% down over 20 years the monthly mortgage payment is about 555 €, against an expected local rent of 576 €. The rent covers the whole payment (104%).

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

Pros and cons

AI summary
Pros
  • functional layout
  • new-build
  • elevator
  • parking space
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 13% below the average for comparable properties.

  2. What feedback have previous viewers given?

    Because: We have been tracking this listing for about 210 days.

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

    Because: The building dates from 2027.

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

Layout

  • corridor
  • living room
  • kitchenette
  • bedroom
  • bedroom
  • bathroom-toilet
  • storage

Amenities

  • Elevator
  • With Parking
  • Leasing
  • 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