Four-room apartment renovated in Kolhozen pazar, Varna

This apartment is priced about 23,500 € above the typical price (the median) for 4-room apartments in Kolhozen Pazar (26 properties) — 1,962 €/m² against 1,668 €/m².

The offered four-room apartment with an area of 80 sq m is located on the 6th floor in a well-maintained prefab panel building from 1980. The property is renovated and in very good condition, including new window frames, updated bathroom and toilet, as well as replaced plumbing installation. The layout includes an entrance hall, dining room with kitchen area and access to a terrace, bedroom, children's room, living room, storage room and sanitary facilities. The aspect is east/south/north, providing good natural light. The communicative area offers convenient access to schools, kindergartens, shops, restaurants and public transport, with the Cathedral church within walking distance.

With 20% down over 20 years the monthly mortgage payment is about 697 €, against an expected local rent of 494 €. The rent covers 71% of it.

This property is advertised in 5 offers from 5 different sellers. The gap between the cheapest and the dearest is 18,000 €. It has been listed for 356 days. The asking price has fallen by 5,000 € (2.9%) since it was first listed.

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