+48% above market
median 1,549 €/m² for comparable properties
140,000 € 2,295 €/m²
Rent covers ~ 112% of the payment
~ 693 €/mo rent · pays for itself in ~ 17 yrs
Sale180,000 €1,636 €/m²
Expected rent552 € /mo
AT MARKET LEVEL
fairly priced
against the median for 2-room apartments in Asparuhovo (260 properties)
Area
110 m²
Floor
6 / 6
Construction
Brick
Year
2016
Yield analysis
Low investment rating
Monthly payment799 €20% down payment · 20 yrs · 3%
Expected rent552 €at market conditions for the neighbourhood
The rent covers 69% of the payment — you top up about 247 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 27 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 at the typical price (the median) for 2-room apartments in Asparuhovo (260 properties) — 1,636 €/m² against 1,659 €/m².
2-room apartment in the South Bay complex, Asparuhovo district, Varna city. It includes a living room with kitchen, bedroom, bathroom, and two terraces with southeast aspect and sea view. The property is on the top floor (6 of 6) in a brick building from 2016 with elevator and access control. The complex is gated and offers security. The location is close to the seaside, providing a peaceful environment and opportunity for relaxation. The property is suitable for use as a holiday home or permanent residence with amenities and sea view.
With 20% down over 20 years the monthly mortgage payment is about 799 €, against an expected local rent of 552 €. The rent covers 69% of it.
Source: Market statistics for 2-room apartments in Asparuhovo
Pros and cons
AI summaryPros
- sea view
- two terraces
- new-build
- elevator
Cons
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
Questions for the viewing
Only on imotesaDerived from this specific property's data — not a generic checklist. Take them with you.
What condition is the roof in, and does it overheat in summer?
Because: The property is on the top floor.
Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.
Layout
- living room
- bedroom
Amenities
- Elevator
- Access Control
- Security
- Gated Community
Details
- Category
- Residential
- Rooms
- 2
- 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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