median 1,549 €/m² for comparable properties
Rent covers ~ 112% of the payment
~ 693 €/mo rent · pays for itself in ~ 17 yrs
~107,000 € 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.
Fair investment rating
The rent covers 91% of the payment — you top up about 56 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 21 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 107,000 € below the typical price (the median) for 2-room apartments in Asparuhovo (260 properties) — 931 €/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.
Two-room apartment in the residential complex South Bay Park and Beach, located in the district of Asparuhovo, Varna. The property is on the first floor of an eight-storey building, built in 2025 with brick construction.
The layout includes a spacious living room with kitchenette (30 sq m), bedroom (16 sq m), bathroom with toilet, storage room and laundry room, as well as a large terrace of 44 sq m with east aspect. The apartment is furnished and equipped with appliances and air conditioners.
The building has an elevator, controlled access, reception, swimming pool and green areas. The flooring is laminate and granite tiles, and the windows are PVC.
The location is about 100 meters from the beach strip, close to shops and amenities within the complex. There is an option to purchase an underground parking space.
The property is suitable both for year-round living and for investment through renting out, thanks to the amenities and proximity to the sea.
With 20% down over 20 years the monthly mortgage payment is about 608 €, against an expected local rent of 552 €. The rent covers 91% of it.
Source: Market statistics for 2-room apartments in Asparuhovo
Derived 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 44% below the average for comparable properties.
Has Act 16 been issued, and what guarantees cover the common parts?
Because: The building dates from 2025.
Is there damp, is there enough daylight, and what is the noise like?
Because: The property is on the first floor.
Is there enough daylight during the day?
Because: The advertised exposure has no southern side.
Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.
Morning sun, cooler afternoons
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