+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
Sale135,000 €992 €/m²
Expected rent552 € /mo
~90,500 € BELOW MARKET
far below market
against the median for 2-room apartments in Asparuhovo (260 properties)
A price this far below the market usually has a reason the listing does not mention — encumbrances or an error in the ad.
Area
136 m²
Floor
1 / 9
Construction
Brick
Yield analysis
Fair investment rating
Monthly payment599 €20% down payment · 20 yrs · 3%
Expected rent552 €at market conditions for the neighbourhood
The rent covers 92% of the payment — you top up about 47 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 20 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 90,500 € below the typical price (the median) for 2-room apartments in Asparuhovo (260 properties) — 992 €/m² against 1,659 €/m². A price this far below the market usually has a reason the listing does not mention — encumbrances or an error in the ad.
The apartment is located in the city of Varna, Asparuhovo district, in a gated complex on the first sea line.
The layout includes an entrance hall, living room with kitchenette and dining area, large bedroom, walk-in closet, bathroom with toilet, and a large terrace accessible from both the living room and bedroom.
The building is brick with an elevator and controlled access, commissioned with all necessary amenities such as internet and video surveillance.
The location offers proximity to the beach, Lidl and Billa supermarkets, as well as easy access to Varna city center about 7.5 km away.
The property is suitable for living with a focus on the seaside lifestyle and the conveniences of the gated complex.
With 20% down over 20 years the monthly mortgage payment is about 599 €, against an expected local rent of 552 €. The rent covers 92% of it.
Source: Market statistics for 2-room apartments in Asparuhovo
Pros and cons
AI summaryPros
- large terrace
- gated complex
- elevator
- close to sea
Cons
- ground floor
- unspecified construction year
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 40% below the average for comparable properties.
Is there damp, is there enough daylight, and what is the noise like?
Because: The property is on the first floor.
Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.
Amenities
- Elevator
- Internet Connection
- Access Control
Details
- Category
- Residential
- Rooms
- 2
- Bathrooms
- 1
- Furnishing
- Yes
Location
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