median 1,549 €/m² for comparable properties
Rent covers ~ 112% of the payment
~ 693 €/mo rent · pays for itself in ~ 17 yrs
~24,000 € ABOVE MARKET
overpriced
against the median for 1-room apartments in Asparuhovo (15 properties)
Fair investment rating
The rent covers 86% of the payment — you top up about 64 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 22 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.
This apartment is priced about 24,000 € above the typical price (the median) for 1-room apartments in Asparuhovo (15 properties) — 3,225 €/m² against 2,458 €/m².
Studio apartment with an area of about 31 sq m and a large terrace of nearly 20 sq m, located in the district of Asparuhovo, Varna. The property is on the first floor of an eight-storey brick building. The layout includes a living room with kitchen and dining area, bathroom with toilet, and entrance hall. The building has controlled access, video surveillance, and a secured parking space. It is situated in a gated and guarded area with a swimming pool, green spaces, and a playground. The location offers convenient access to the beach and is about 10 minutes by car from the center of Varna. The property is suitable for permanent residence, vacation, or rental, requiring no additional investments.
With 20% down over 20 years the monthly mortgage payment is about 444 €, against an expected local rent of 380 €. The rent covers 86% of it.
Source: Market statistics for 1-room apartments in Asparuhovo
The exact address hasn't been published by the seller — the map shows the neighbourhood.
median 1,549 €/m² for comparable properties
Rent covers ~ 112% of the payment
~ 693 €/mo rent · pays for itself in ~ 17 yrs
median 1,659 €/m² for comparable properties
Rent covers ~ 76% of the payment
~ 552 €/mo rent · you top up ~ 171 €/mo
median 1,549 €/m² for comparable properties
Rent covers ~ 118% of the payment
~ 693 €/mo rent · pays for itself in ~ 16 yrs
median 1,659 €/m² for comparable properties
Rent covers ~ 113% of the payment
~ 552 €/mo rent · pays for itself in ~ 17 yrs
median 1,659 €/m² for comparable properties
Rent covers ~ 67% of the payment
~ 552 €/mo rent · you top up ~ 278 €/mo
median 1,659 €/m² for comparable properties
Rent covers ~ 133% of the payment
~ 552 €/mo rent · pays for itself in ~ 14 yrs
median 1,549 €/m² for comparable properties
Rent covers ~ 82% of the payment
~ 693 €/mo rent · you top up ~ 150 €/mo
median 1,549 €/m² for comparable properties
Rent covers ~ 87% of the payment
~ 693 €/mo rent · you top up ~ 106 €/mo