+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
Sale128,000 €1,706 €/m²
Expected rent577 € /mo
~18,500 € BELOW MARKET
good value
against the median for 3-room apartments in Kolhozen Pazar (116 properties)
Area
75 m²
Floor
0 / 4
Construction
Brick
Year
2009
Yield analysis
Fair investment rating
Monthly payment568 €20% down payment · 20 yrs · 3%
Expected rent577 €at market conditions for the neighbourhood
The rent covers 102% 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 18,500 € below the typical price (the median) for 3-room apartments in Kolhozen Pazar (116 properties) — 1,706 €/m² against 1,956 €/m².
Three-room apartment in Varna city, Kolhozen pazar district, located on the ground floor and level -1.
The layout is functional with a living area on the ground floor and a bedroom on the lower level, providing separation between the living and sleeping zones.
The building is brick from 2009, maintained and ready for customization, with no visible structural issues.
The location offers convenient access to the city centre, the market, and main transport connections in a dynamic commercial area with diverse services.
The property is suitable for urban living, investment, or an office-home combination with balanced layout and easy maintenance.
With 20% down over 20 years the monthly mortgage payment is about 568 €, against an expected local rent of 577 €. The rent covers the whole payment (102%).
Source: Market statistics for 3-room apartments in Kolhozen Pazar
Pros and cons
AI summaryPros
- functional layout
- good location
- two levels
- easy maintenance
Cons
- ground floor
- level -1
Questions for the viewing
Only on imotesaDerived from this specific property's data — not a generic checklist. Take them with you.
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.
Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.
Layout
- living area
- bedroom
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.
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