Sale

Large 4-room apartment in Kolhozen pazar, Varna with terraces

VarnaKolhozen Pazar
Published: 9 September 2026 Updated: 1 October 2026
Sale309,900 €1,475 €/m²
Expected rent494 € /mo

~68,500 € BELOW MARKET

good value

against the median for 5-room apartments in Kolhozen Pazar (15 properties)

Area
210 m²
Floor
5 / 6
Construction
Brick
Year
2002

Yield analysis

Low investment rating

1.9% / yr
Monthly payment1,375 €20% down payment · 20 yrs · 3%
Expected rent494 €at market conditions for the neighbourhood

The rent covers 36% of the payment — you top up about 881 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 52 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 68,500 € below the typical price (the median) for 5-room apartments in Kolhozen Pazar (15 properties) — 1,475 €/m² against 1,802 €/m².

Large apartment in Varna city, Kolhozen pazar district, located on the fifth and sixth floors of a brick building.

The layout includes a spacious living room with dining area and kitchen, two terraces on the first level, as well as four bedrooms, a bathroom with toilet, laundry room, and two terraces on the second level.

The building was constructed in 2002, without an elevator, and the apartment was renovated in 2015 and 2023, featuring quality flooring and PVC windows.

The location is close to K. Arabadzhiev primary school and Billa hypermarket, in an area with paid blue zone parking.

The property is suitable for families looking for a spacious residential property with amenities in an urban environment.

With 20% down over 20 years the monthly mortgage payment is about 1,375 €, against an expected local rent of 494 €. The rent covers 36% of it.

This property is advertised in 2 offers from 2 different sellers. The gap between the cheapest and the dearest is 15,100 €. It has been listed for 28 days.

Source: Market statistics for 5-room apartments in Kolhozen Pazar

Pros and cons

AI summary
Pros
  • functional layout
  • southeast aspect
  • two terraces
  • quality materials
Cons
  • no elevator
  • fifth floor

Questions for the viewing

Only on imotesa

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

  1. Which price is the real one, and who am I negotiating with?

    Because: The property appears in 2 listings, and the prices differ by about 5%.

  2. Why is this priced below comparable properties? Is there anything that could affect the sale?

    Because: The price per m² is about 18% below the average for comparable properties.

  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

  • living room (49.36 sq m)
  • bedroom
  • bedroom
  • bedroom
  • bedroom
  • toilet
  • bathroom with toilet

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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