+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
Sale169,500 €1,303 €/m²
Expected rent552 € /mo
~46,000 € BELOW MARKET
good value
against the median for 2-room apartments in Asparuhovo (260 properties)
Area
130 m²
Floor
7 / 7
Construction
Brick
Yield analysis
Low investment rating
Monthly payment752 €20% down payment · 20 yrs · 3%
Expected rent552 €at market conditions for the neighbourhood
The rent covers 73% of the payment — you top up about 200 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 26 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 about 46,000 € below the typical price (the median) for 2-room apartments in Asparuhovo (260 properties) — 1,303 €/m² against 1,659 €/m².
2-room apartment in the South Bay complex, Asparuhovo district, Varna city.
The layout includes a spacious living room with kitchenette and dining area, one bedroom, and a bathroom. The main highlight is the large panoramic terrace with sea views.
The property is in a brick building on the top floor (7/7) with elevator, video surveillance, and access control. The condition is maintained and furnished with quality furniture and appliances.
The complex offers a gated environment with amenities and quick access to the beach and local infrastructure in the district.
The property is suitable for use as a family home or holiday property, combining convenience and a seaside location.
With 20% down over 20 years the monthly mortgage payment is about 752 €, against an expected local rent of 552 €. The rent covers 73% of it.
Source: Market statistics for 2-room apartments in Asparuhovo
Pros and cons
AI summaryPros
- large terrace
- gated complex
- quality furniture
- elevator
Cons
- top floor
Questions for the viewing
Only on imotesaDerived from this specific property's data — not a generic checklist. Take them with you.
Why is this priced below comparable properties? Is there anything that could affect the sale?
Because: The price per m² is about 21% below the average for comparable properties.
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
- Video Surveillance
- Access Control
- 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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