+27% above market
median 1,988 €/m² for comparable properties
139,000 € 2,527 €/m²
Rent covers ~ 76% of the payment
~ 469 €/mo rent · you top up ~ 148 €/mo
Sale192,000 €1,979 €/m²
Expected rent578 € /mo
AT MARKET LEVEL
fairly priced
against the median for 3-room apartments in Kolhozen Pazar (118 properties)
Area
97 m²
Floor
6 / 8
Construction
Brick
Yield analysis
Low investment rating
Monthly payment852 €20% down payment · 20 yrs · 3%
Expected rent578 €at market conditions for the neighbourhood
The rent covers 68% of the payment — you top up about 274 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 28 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 (118 properties) — 1,979 €/m² against 1,958 €/m².
Three-room apartment in Varna city, Kolhozen pazar district, located on the 6th floor of 8 in a brick building with elevator.
The layout includes a large living area with kitchenette, two bedrooms, two bathrooms, and two terraces, one of which offers a panoramic view.
The building is new-build with Act 16, and the property is offered unfinished, allowing completion and furnishing according to personal preferences.
The location is well connected, with quick access to Varna city centre and main amenities such as transport and shops.
The property is suitable both for living and investment, providing a balance between functionality and urban comfort.
With 20% down over 20 years the monthly mortgage payment is about 852 €, against an expected local rent of 578 €. The rent covers 68% of it.
Source: Market statistics for 3-room apartments in Kolhozen Pazar
Pros and cons
AI summaryPros
- functional layout
- two terraces
- elevator
- panoramic view
Cons
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
Amenities
- Elevator
Details
- Category
- Residential
- Rooms
- 3
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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