Sale

One-room apartment with terrace in Asparuhovo, Varna

VarnaAsparuhovo
Published: 30 June 2026 Updated: 7 September 2026
Sale55,900 €1,863 €/m²
Expected rent380 € /mo

~18,000 € BELOW MARKET

good value

against the median for 1-room apartments in Asparuhovo (15 properties)

Area
30 m²
Floor
8 / 9
Construction
Panel
Year
1980

Yield analysis

Strong investment rating

8.2% / yr
Monthly payment248 €20% down payment · 20 yrs · 3%
Expected rent380 €at market conditions for the neighbourhood

The rent covers 153% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 12 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.

Price history

2 changes since listing▼ 3.5% · 2,000 €
  1. 57,900 €2 July 2026Initial price
  2. 56,900 €▼ 1,000 € (1.7%) 27 July 2026Price reduced
  3. 55,900 €▼ 1,000 € (1.8%) 28 August 2026Price reducedCurrent

Property analysis

This apartment is priced about 18,000 € below the typical price (the median) for 1-room apartments in Asparuhovo (15 properties) — 1,863 €/m² against 2,458 €/m².

A one-room apartment is offered in Varna city, Asparuhovo district, located on the penultimate floor of a prefab panel block. The layout includes an entrance hall, main room, bathroom with toilet, and a large terrace. The property needs renovation, with replaced PVC windows and a new entrance door, which reduces future expenses. The building is prefab panel from 1980, with an elevator and access control. The location is in a residential area with access to urban infrastructure. The property is suitable for investment or personal use with the possibility of renovation according to needs.

With 20% down over 20 years the monthly mortgage payment is about 248 €, against an expected local rent of 380 €. The rent covers the whole payment (153%).

The asking price has fallen by 2,000 € (3.5%) since it was first listed.

Source: Market statistics for 1-room apartments in Asparuhovo

Pros and cons

AI summary
Pros
  • southwest aspect
  • large terrace
  • elevator
  • access control
Cons
  • needs renovation
  • prefab panel construction

Questions for the viewing

Only on imotesa

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

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

    Because: The price per m² is about 24% below the average for comparable properties.

  2. Is there still room to negotiate, and why has it not sold yet?

    Because: The price has been cut 2 times — about 3% below the original asking price.

  3. What is the scope of the work, and are there hidden problems with the wiring or plumbing?

    Because: The listing states that the property needs renovation.

  4. Has the block been insulated under the renovation programme, and is there paperwork for it?

    Because: Prefabricated panel construction.

  5. Have the risers been replaced, and when was the roof last repaired?

    Because: The building dates from 1980 — about 46 years old.

Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.

Layout

  • room 30 sq m

Amenities

  • Elevator
  • Access Control
  • Needs Renovation

Details

Category
Residential
Rooms
1
Bathrooms
1

Approximate location

The exact address hasn't been published by the seller — the map shows the neighbourhood.

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