median 1,549 €/m² for comparable properties
Rent covers ~ 112% of the payment
~ 693 €/mo rent · pays for itself in ~ 17 yrs
~49,500 € ABOVE MARKET
overpriced
against the median for 2-room apartments in Asparuhovo (260 properties)
Low investment rating
The rent covers 47% of the payment — you top up about 624 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 40 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 49,500 € above the typical price (the median) for 2-room apartments in Asparuhovo (260 properties) — 2,038 €/m² against 1,659 €/m².
2-room apartment in Varna, Asparuhovo district, located in the South Bay Residence complex near the beach. The property has a total area of 130 sq m and is situated on the third floor of a nine-storey building with an elevator.
The layout includes an entrance hall, a spacious living area over 50 sq m, a bedroom, a bathroom with toilet, and a large terrace. The apartment is functional and offers comfortable living space.
The building is brick construction with controlled access, video surveillance, and includes an underground garage. The complex offers additional amenities such as a swimming pool, fitness center, and security.
The location is convenient, about 5 km from Varna city centre and close to the beach, with easy access to shops and public services. The area is well developed with kindergartens and schools.
The property is suitable both for permanent residence and as a holiday home or investment, combining spaciousness and proximity to the sea.
With 20% down over 20 years the monthly mortgage payment is about 1,176 €, against an expected local rent of 552 €. The rent covers 47% of it.
Source: Market statistics for 2-room apartments in Asparuhovo
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
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