median 1,549 €/m² for comparable properties
Rent covers ~ 112% of the payment
~ 693 €/mo rent · pays for itself in ~ 17 yrs
~155,000 € 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.
Low investment rating
The rent covers 73% of the payment — you top up about 202 €/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.
This apartment is priced about 155,000 € below the typical price (the median) for 2-room apartments in Asparuhovo (260 properties) — 867 €/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.
2-room apartment in Varna, Asparuhovo district, part of the Varna South Bay complex on the first line by the sea.
The layout includes a corridor, spacious living room with kitchenette, bedroom, bathroom with toilet and two terraces – one large panoramic on the second level.
The property was built in 2017 with brick construction and is located on the top 6th floor out of 6 with an elevator. It is offered fully furnished and equipped.
The complex is gated with controlled access and security, offering many amenities such as pools, spa center and parking. The area is close to the beach and Asparuhovo park.
Suitable for people looking for a home with a sea location and additional amenities in a gated environment.
With 20% down over 20 years the monthly mortgage payment is about 754 €, against an expected local rent of 552 €. The rent covers 73% 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 48% 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.
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