+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
Sale187,000 €1,700 €/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
2014
Yield analysis
Low investment rating
Monthly payment830 €20% down payment · 20 yrs · 3%
Expected rent552 €at market conditions for the neighbourhood
The rent covers 67% of the payment — you top up about 278 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 28 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) — 1,700 €/m² against 1,659 €/m².
2-room apartment in the South Bay complex, Asparuhovo district, Varna city. It is located on the top 6th floor and offers a total area of 110 sq m, including significant terraces.
The layout includes a spacious living room with kitchenette, bedroom, bathroom with toilet, and two large terraces with a total area of 54 sq m, providing options for various outdoor zones.
The building is brick from 2014, equipped with an elevator and maintained common areas. The apartment is corner with east/south aspect and plenty of natural light.
The location is close to the sea and offers panoramic views of Varna and the sea, as well as views of the complex's pool. The surroundings are urbanized with convenient access to city infrastructure.
The property is suitable both for year-round living and as a holiday home, combining spaciousness and opportunities for outdoor living.
With 20% down over 20 years the monthly mortgage payment is about 830 €, against an expected local rent of 552 €. The rent covers 67% of it.
Source: Market statistics for 2-room apartments in Asparuhovo
Pros and cons
AI summaryPros
- large terraces
- panoramic view
- elevator
- east/south aspect
Cons
- top floor
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.
Amenities
- Elevator
Exposure
AI summarySSouth
Maximum sunlight throughout the day
EEast
Morning sun, cooler afternoons
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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