Sale

Brick 3-room apartment with parking space in Kolhozen pazar, Varna

VarnaKolhozen Pazar
Published: 22 July 2026 Updated: 7 September 2026
Sale139,000 €1,737 €/m²
Expected rent576 € /mo

~17,500 € BELOW MARKET

good value

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

Area
80 m²
Land Area
20 m²
Construction
Brick
Year
1980

Yield analysis

Fair investment rating

5% / yr
Monthly payment617 €20% down payment · 20 yrs · 3%
Expected rent576 €at market conditions for the neighbourhood

The rent covers 93% of the payment — you top up about 41 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 20 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.

Price history

2 changes since listing▼ 12% · 19,000 €
  1. 158,000 €22 July 2026Initial price
  2. 149,000 €▼ 9,000 € (5.7%) 9 August 2026Price reduced
  3. 139,000 €▼ 10,000 € (6.7%) 7 September 2026Price reducedCurrent

Property analysis

This apartment is priced about 17,500 € below the typical price (the median) for 3-room apartments in Kolhozen Pazar (117 properties) — 1,737 €/m² against 1,959 €/m².

3-room apartment in Varna city, Kolhozen pazar district. The property is a single-storey brick house with an area of 64 sq m and 80 sq m ideal parts of the common parts of the land plot.

The layout includes a spacious living room with kitchenette, two bedrooms, walk-in closet, bathroom with toilet, entrance hall and corridor. There are no walk-through rooms, which improves functionality.

The house has been renovated with quality materials, including new electrical and plumbing installations, Kommerling PVC windows with triple glazing and internal insulation. Heating is electric and by air conditioners, with the option for a fireplace.

The property includes yard space/parking space, a canopy and a spacious basement, and the location is in a communicative and quiet area with good infrastructure and convenient access to city services.

It is suitable both for permanent residence and for investment, thanks to its functional layout and location.

With 20% down over 20 years the monthly mortgage payment is about 617 €, against an expected local rent of 576 €. The rent covers 93% of it.

The asking price has fallen by 19,000 € (12%) since it was first listed.

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

Pros and cons

AI summary
Pros
  • functional layout
  • southwest aspect
  • parking space
  • quality materials
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. Is there still room to negotiate, and why has it not sold yet?

    Because: The price has been cut 2 times — about 12% below the original asking price.

  2. What feedback have previous viewers given?

    Because: We have been tracking this listing for about 273 days.

  3. Have the risers been replaced, and when was the roof last repaired?

    Because: The building dates from 1980 — about 46 years old.

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

Layout

  • living room
  • bedroom
  • bedroom

Amenities

  • With Parking
  • Internet Connection
  • Access Control
  • Renovated
  • Tax Credit Option

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