No market valuation
120,000 € 2,000 €/m²
No yield data
Appears once there's enough market data
Sale149,000 €1,693 €/m²
Expected rent577 € /mo
~23,000 € BELOW MARKET
good value
against the median for 3-room apartments in Kolhozen Pazar (116 properties)
Area
88 m²
Floor
6 / 6
Construction
Brick
Year
1998
Yield analysis
Fair investment rating
Monthly payment661 €20% down payment · 20 yrs · 3%
Expected rent577 €at market conditions for the neighbourhood
The rent covers 87% of the payment — you top up about 84 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 22 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 23,000 € below the typical price (the median) for 3-room apartments in Kolhozen Pazar (116 properties) — 1,693 €/m² against 1,956 €/m².
Three-room apartment in Varna city, Kolhozen pazar district, located on the top floor.
Layout: entrance hall, living room with kitchen area and access to a large panoramic terrace, two bedrooms, and a bathroom with toilet.
The building is brick from 1998, with controlled access and well-maintained common areas, without an elevator. Heating is local with air conditioners for cooling, and the apartment features quality materials and insulation.
The location offers convenient access to public transport, schools, and commercial facilities in the central part of Varna.
The property is suitable for people seeking a home with a functional layout and good location in the city.
With 20% down over 20 years the monthly mortgage payment is about 661 €, against an expected local rent of 577 €. The rent covers 87% of it.
Source: Market statistics for 3-room apartments in Kolhozen Pazar
Pros and cons
AI summaryPros
- functional layout
- panoramic terrace
- quality materials
- local heating
Cons
- top floor
- no elevator
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.
What condition is the roof in, and does it overheat in summer?
Because: The property is on the top floor.
Is there a lift in the building, and what condition is it in?
Because: The property is on floor 6 and the listing does not mention a lift.
Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.
Amenities
- 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
No market valuation
120,000 € 2,000 €/m²
No yield data
Appears once there's enough market data
+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
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Rent covers ~ 97% of the payment
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median 1,668 €/m² for comparable properties
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Rent covers ~ 38% of the payment
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median 1,956 €/m² for comparable properties
159,900 € 2,284 €/m²
Rent covers ~ 81% of the payment
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At market level
median 1,962 €/m² for comparable properties
95,000 € 2,065 €/m²
Rent covers ~ 111% of the payment
~ 469 €/mo rent · pays for itself in ~ 17 yrs