Sale

Two-room apartment with large terrace in Asparuhovo, Varna

VarnaAsparuhovo
Published: 9 April 2026 Updated: 1 October 2026
Sale175,000 €1,080 €/m²
Expected rent559 € /mo

~98,500 € BELOW MARKET

good value

against the median for 2-room apartments in Asparuhovo (264 properties)

Area
162 m²
Floor
3 / 7
Construction
Brick
Year
2012

Yield analysis

Low investment rating

3.8% / yr
Monthly payment776 €20% down payment · 20 yrs · 3%
Expected rent559 €at market conditions for the neighbourhood

The rent covers 72% of the payment — you top up about 217 €/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.

Price history

2 changes since listing▲ 2.3% · 4,000 €
  1. 175,000 €1 September 2026Initial price
  2. 175,000 €▲ 0 € (0%) 2 September 2026Price increased
  3. 179,000 €▲ 4,000 € (2.3%) 6 September 2026Price increasedCurrent

Property analysis

This apartment is priced about 98,500 € below the typical price (the median) for 2-room apartments in Asparuhovo (264 properties) — 1,080 €/m² against 1,688 €/m².

Two-room apartment with an area of 162 sq m is located in the Varna South Bay Residence complex in Asparuhovo, Varna.
The layout includes a spacious living room with a kitchenette and a large terrace, accessible from both the living room and the bedroom, as well as a separate storage room.
The building is brick from 2012, with an elevator and underground parking space, and the apartment is furnished and equipped with air conditioning in every room.
The complex is gated, with controlled access, a swimming pool, and is located about 100 meters from the beach, with easy access to Varna city and main amenities.
The property is suitable for permanent residence or a holiday home, combining convenience and proximity to the sea.

With 20% down over 20 years the monthly mortgage payment is about 776 €, against an expected local rent of 559 €. The rent covers 72% of it.

This property is advertised in 2 offers from 2 different sellers. All offers are at the same price. It has been listed for 175 days. The asking price has risen by 4,000 € (2.3%) since it was first listed.

Source: Market statistics for 2-room apartments in Asparuhovo

Pros and cons

AI summary
Pros
  • large terrace
  • gated complex
  • parking space
  • close to beach
Cons
  • in need of renovation

Questions for the viewing

Only on imotesa

Derived from this specific property's data — not a generic checklist. Take them with you.

  1. What changed since the listing went up — a renovation, paperwork, something else?

    Because: The price is about 2% higher than when it was first advertised.

  2. Why is this priced below comparable properties? Is there anything that could affect the sale?

    Because: The price per m² is about 36% below the average for comparable properties.

  3. Who am I negotiating with, and who is authorised to agree a price?

    Because: The property appears in 2 listings at the same price.

  4. What is the scope of the work, and are there hidden problems with the wiring or plumbing?

    Because: The listing states that the property needs renovation.

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
  • With Parking
  • Access Control
  • Gated Community
  • Internet Connection
  • Video Surveillance
  • Security
  • Needs Renovation

Details

Category
Residential
Rooms
2
Bathrooms
1
Furnishing
Yes

Location

Similar properties nearby