−9% below market
median 2,112 €/m² for comparable properties
59,800 € 1,929 €/m²
Rent covers ~ 659% of the payment
~ 1,748 €/mo rent · pays for itself in ~ 3 yrs
Sale125,000 €2,083 €/m²
Expected rent1,748 € /mo
AT MARKET LEVEL
fairly priced
against the median for houses in Kolhozen Pazar (18 properties)
Area
60 m²
Land Area
65 m²
Construction
Brick
Yield analysis
Strong investment rating
Monthly payment555 €20% down payment · 20 yrs · 3%
Expected rent1,748 €at market conditions for the neighbourhood
The rent covers 315% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 6 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.
Property analysis
This house is priced at the typical price (the median) for houses in Kolhozen Pazar (18 properties) — 2,083 €/m² against 2,112 €/m².
House in the city of Varna, Kolhozen pazar district, near Arabadzhiev school and BILLA.
The layout includes a corridor, living room with kitchenette, bedroom, separate kitchen, bathroom with toilet and a cellar room, as well as two additional rooms in the yard.
The construction is brick from 1997, with a solid structure and renovated premises equipped with internet and access control.
The location is convenient with proximity to public transport, schools, kindergartens and commercial outlets. The area offers free parking and all necessary amenities for urban living.
The property is suitable for family living or investment for rental due to the functional layout and location.
With 20% down over 20 years the monthly mortgage payment is about 555 €, against an expected local rent of 1,748 €. The rent covers the whole payment (315%).
Pros and cons
AI summaryPros
- functional layout
- solid structure
- private yard
- good transport access
Cons
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
Layout
- vestibule
- living room
- kitchen
- bedroom
- bathroom
- toilet
Amenities
- Internet Connection
- Access Control
Details
- Category
- Residential
- Bathrooms
- 2
- Furnishing
- Yes
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
Similar properties nearby
+38% above market
median 2,112 €/m² for comparable properties
125,000 € 2,717 €/m²
Rent covers ~ 315% of the payment
~ 1,748 €/mo rent · pays for itself in ~ 6 yrs
−39% below market
median 2,112 €/m² for comparable properties
277,000 € 1,288 €/m²
Rent covers ~ 142% of the payment
~ 1,748 €/mo rent · pays for itself in ~ 13 yrs
−10% below market
median 2,112 €/m² for comparable properties
132,900 € 1,898 €/m²
Rent covers ~ 296% of the payment
~ 1,748 €/mo rent · pays for itself in ~ 6 yrs
+10% above market
median 2,112 €/m² for comparable properties
139,500 € 2,325 €/m²
Rent covers ~ 282% of the payment
~ 1,748 €/mo rent · pays for itself in ~ 7 yrs
+10% above market
median 2,112 €/m² for comparable properties
149,000 € 2,328 €/m²
Rent covers ~ 264% of the payment
~ 1,748 €/mo rent · pays for itself in ~ 7 yrs
−25% below market
median 2,112 €/m² for comparable properties
76,500 € 1,593 €/m²
Rent covers ~ 515% of the payment
~ 1,748 €/mo rent · pays for itself in ~ 4 yrs
−35% below market
median 2,112 €/m² for comparable properties
56,000 € 1,365 €/m²
Rent covers ~ 704% of the payment
~ 1,748 €/mo rent · pays for itself in ~ 3 yrs