+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
Sale259,990 €2,222 €/m²
Expected rent577 € /mo
~31,000 € ABOVE MARKET
above market
against the median for 3-room apartments in Kolhozen Pazar (116 properties)
Area
117 m²
Floor
6 / 9
Construction
Brick
Year
2020
Yield analysis
Low investment rating
Monthly payment1,154 €20% down payment · 20 yrs · 3%
Expected rent577 €at market conditions for the neighbourhood
The rent covers 50% of the payment — you top up about 577 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 38 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 31,000 € above the typical price (the median) for 3-room apartments in Kolhozen Pazar (116 properties) — 2,222 €/m² against 1,956 €/m².
Apartment with an area of 117 sq m, located on the 6th floor in a new brick building from 2020 in the area of Kolhozen pazar, Varna.
The layout includes a T-shaped corridor, living area with kitchen, dining room and living room, two large bedrooms and two terraces, one of which is glazed and used as a winter garden.
The building has an elevator, access control and video surveillance, and the apartment features quality materials and equipment, including inverter air conditioners and a water purification system.
The location is well connected, close to schools, kindergartens, supermarkets and transport links, within walking distance to the city centre.
The property is suitable both for living and for investment, thanks to the functional layout and the amenities in the area.
With 20% down over 20 years the monthly mortgage payment is about 1,154 €, against an expected local rent of 577 €. The rent covers 50% of it.
Source: Market statistics for 3-room apartments in Kolhozen Pazar
Pros and cons
AI summaryPros
- functional layout
- new building
- two terraces
- quality materials
Cons
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
Questions for the viewing
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What feedback have previous viewers given?
Because: We have been tracking this listing for about 209 days.
Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.
Layout
- corridor
- living area
- bedroom
- bedroom
- bathroom
- toilet
Amenities
- Elevator
- With Parking
- Internet Connection
- Video Surveillance
- Access Control
- Renovated
Exposure
AI summarySSouth
Maximum sunlight throughout the day
Details
- Category
- Residential
- Rooms
- 3
- Bathrooms
- 1
- Furnishing
- Yes
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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