Sale

Three-room apartment with two terraces in Kolhozen pazar, Varna

VarnaKolhozen Pazar
Published: 4 September 2026 Updated: 25 September 2026
Sale185,000 €1,968 €/m²
Expected rent577 € /mo

AT MARKET LEVEL

fairly priced

against the median for 3-room apartments in Kolhozen Pazar (116 properties)

Area
94 m²
Floor
5 / 8
Construction
Brick
Year
1980

Yield analysis

Low investment rating

3.7% / yr
Monthly payment821 €20% down payment · 20 yrs · 3%
Expected rent577 €at market conditions for the neighbourhood

The rent covers 70% of the payment — you top up about 244 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 27 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 at the typical price (the median) for 3-room apartments in Kolhozen Pazar (116 properties) — 1,968 €/m² against 1,956 €/m².

The apartment is located in Varna, in the area of Kolhozen pazar. It has a floor area of 94 sq m, excluding common parts.

The layout includes a living room with access to a terrace, a walk-through bedroom, a second bedroom, a kitchen with access to a second terrace, corridor, walk-in closet, bathroom and toilet.

The building is brick and has an elevator, and the common parts are well maintained. The apartment is in need of full renovation.

The location is convenient, close to Kolhozen pazar, Boteva Garden, Central Post Office and the Cathedral in Varna.

The property is suitable for people looking for a home with renovation potential in the central urban area.

With 20% down over 20 years the monthly mortgage payment is about 821 €, against an expected local rent of 577 €. The rent covers 70% of it.

This property is advertised in 2 offers, all from the same agency. All offers are at the same price. It has been listed for 29 days.

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

Pros and cons

AI summary
Pros
  • functional layout
  • two terraces
  • elevator
  • close to centre
Cons
  • in need of full renovation

Questions for the viewing

Only on imotesa

Derived from this specific property's data — not a generic checklist. Take them with you.

  1. Who am I negotiating with, and who is authorised to agree a price?

    Because: The property appears in 2 listings at the same price.

  2. What is the scope of the work, and are there hidden problems with the wiring or plumbing?

    Because: The listing states that the property needs renovation.

  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
  • kitchen
  • corridor
  • walk-in closet
  • bathroom
  • toilet

Amenities

  • Elevator
  • With Parking
  • Access Control
  • Needs Renovation

Exposure

AI summary
SSouth

Maximum sunlight throughout the day

WWest

Afternoon and evening sun

Details

Category
Residential
Rooms
3
Bathrooms
2

Approximate location

The exact address hasn't been published by the seller — the map shows the neighbourhood.

Similar properties nearby