Sale

Four-room apartment with 3 terraces in Kolhozen pazar, Varna

VarnaKolhozen Pazar
Published: 6 May 2026 Updated: 30 September 2026
Sale170,000 €1,545 €/m²
Expected rent494 € /mo

AT MARKET LEVEL

fairly priced

against the median for 4-room apartments in Kolhozen Pazar (26 properties)

Area
110 m²
Floor
5 / 5
Construction
Brick
Year
1996

Yield analysis

Low investment rating

3.5% / yr
Monthly payment754 €20% down payment · 20 yrs · 3%
Expected rent494 €at market conditions for the neighbourhood

The rent covers 65% of the payment — you top up about 260 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 29 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.

Price history

4 changes since listing▼ 22.7% · 50,000 €
  1. 220,000 €6 May 2026Initial price
  2. 215,000 €▼ 5,000 € (2.3%) 9 June 2026Price reduced
  3. 196,000 €▼ 19,000 € (8.8%) 1 July 2026Price reduced
  4. 178,000 €▼ 18,000 € (9.2%) 7 August 2026Price reduced
  5. 170,000 €▼ 8,000 € (4.5%) 30 September 2026Price reducedCurrent

Property analysis

This apartment is priced at the typical price (the median) for 4-room apartments in Kolhozen Pazar (26 properties) — 1,545 €/m² against 1,668 €/m².

The apartment is located in the city of Varna, in the Kolhozen pazar area, near BILLA. It has a floor area of 110 sq m and is situated on the 5th floor of a brick building, built in 1996. The layout includes an L-shaped corridor, three walk-in bedrooms, a living area with kitchen, a bathroom and toilet, a separate toilet, and three terraces. The property includes an attic space and a basement of 12 sq m each. The building has no elevator, and the aspect is east-south. The apartment is in good condition and is offered as shown in the photos. The location is convenient, close to a school and market, providing easy access to urban amenities. It is suitable for family living with a focus on functionality and urban lifestyle.

With 20% down over 20 years the monthly mortgage payment is about 754 €, against an expected local rent of 494 €. The rent covers 65% of it.

The asking price has fallen by 50,000 € (22.7%) since it was first listed.

Source: Market statistics for 4-room apartments in Kolhozen Pazar

Pros and cons

AI summary
Pros
  • functional layout
  • 3 terraces
  • east-south aspect
  • additional rooms
Cons
  • top floor
  • no elevator

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 4 times — about 23% below the original asking price.

  2. What condition is the roof in, and does it overheat in summer?

    Because: The property is on the top floor.

  3. Is there a lift in the building, and what condition is it in?

    Because: The property is on floor 5 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.

Layout

  • bedroom
  • bedroom
  • bedroom
  • living area

Exposure

AI summary
SSouth

Maximum sunlight throughout the day

EEast

Morning sun, cooler afternoons

Details

Category
Residential
Rooms
4
Bathrooms
2

Approximate location

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

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