At market level
median 1,959 €/m² for comparable properties
120,000 € 2,000 €/m²
Rent covers ~ 108% of the payment
~ 576 €/mo rent · pays for itself in ~ 17 yrs
Sale129,000 €1,402 €/m²
Expected rent576 € /mo
~51,000 € BELOW MARKET
good value
against the median for 3-room apartments in Kolhozen Pazar (117 properties)
Area
92 m²
Floor
2 / 5
Construction
Brick
Yield analysis
Fair investment rating
Monthly payment572 €20% down payment · 20 yrs · 3%
Expected rent576 €at market conditions for the neighbourhood
The rent covers 101% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 19 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 51,000 € below the typical price (the median) for 3-room apartments in Kolhozen Pazar (117 properties) — 1,402 €/m² against 1,959 €/m².
Three-room apartment in Varna city, Kolhozen pazar district.
The layout includes a large living room and two bedrooms, with the living room able to be divided into kitchen and lounge, providing flexibility in use.
The building is brick with five floors, the apartment is on the second floor; it has panoramic windows and views of a parking lot and a kindergarten.
The area offers amenities such as a new kindergarten nearby, suitable for families.
The property is suitable for permanent residence or investment with rental potential.
With 20% down over 20 years the monthly mortgage payment is about 572 €, against an expected local rent of 576 €. The rent covers the whole payment (101%).
Source: Market statistics for 3-room apartments in Kolhozen Pazar
Pros and cons
AI summaryPros
- functional layout
- panoramic windows
- brick construction
- second floor
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 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 28% 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
- bedroom
- bedroom
- living room
Details
- Category
- Residential
- Rooms
- 3
- Bathrooms
- 1
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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median 1,959 €/m² for comparable properties
120,000 € 2,000 €/m²
Rent covers ~ 108% of the payment
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At market level
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