+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
Sale199,000 €1,809 €/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
6 / 6
Construction
Brick
Year
1980
Yield analysis
Low investment rating
Monthly payment883 €20% down payment · 20 yrs · 3%
Expected rent494 €at market conditions for the neighbourhood
The rent covers 56% of the payment — you top up about 389 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 34 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 4-room apartments in Kolhozen Pazar (26 properties) — 1,809 €/m² against 1,668 €/m².
The apartment is located in the Kolhozen pazar district, Varna city.
The layout includes a spacious living room, separate kitchen, dining room, three separate bedrooms, and a large terrace.
The building is brick from 1980, with an elevator and a fully renovated roof, and the apartment features natural parquet flooring and a basement storage room.
The location offers convenient access to shops, schools, kindergartens, and public transport.
It is suitable both as a family home and as an investment due to the functional layout and central location.
With 20% down over 20 years the monthly mortgage payment is about 883 €, against an expected local rent of 494 €. The rent covers 56% of it.
Source: Market statistics for 4-room apartments in Kolhozen Pazar
Pros and cons
AI summaryPros
- functional layout
- large terrace
- elevator
- natural parquet
Cons
- top floor
Questions for the viewing
Only on imotesaDerived from this specific property's data — not a generic checklist. Take them with you.
Have the risers been replaced, and when was the roof last repaired?
Because: The building dates from 1980 — about 46 years old.
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.
Layout
- living room
- kitchen
- dining room
- bedroom
- bedroom
- bedroom
Details
- Category
- Residential
- Rooms
- 4
- Bathrooms
- 2
- Furnishing
- Yes
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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