median 1,549 €/m² for comparable properties
Rent covers ~ 112% of the payment
~ 693 €/mo rent · pays for itself in ~ 17 yrs
~272,000 € 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 82% of the payment — you top up about 118 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 23 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 272,000 € below the typical price (the median) for 2-room apartments in Asparuhovo (260 properties) — 592 €/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 Asparuhovo district, Varna, in a gated complex on the first line to the sea. It has a living area of 65.43 sq m and a large panoramic terrace of 178.89 sq m, providing additional usable space. The property is situated on the top 8th floor of a building from 2021, constructed with brick materials and with Act 16. The complex offers amenities such as an elevator, video surveillance, security, and parking, and the surrounding environment is quiet and green with quick access to the center of Varna. This property is suitable for those seeking a home with direct sea access and spacious outdoor area.
With 20% down over 20 years the monthly mortgage payment is about 670 €, against an expected local rent of 552 €. The rent covers 82% of it.
This property is advertised in 2 offers from 2 different sellers. The gap between the cheapest and the dearest is 8,900 €. It has been listed for 93 days. The asking price has risen by 8,900 € (5.9%) since it was first listed.
Source: Market statistics for 2-room apartments in Asparuhovo
Derived from this specific property's data — not a generic checklist. Take them with you.
What changed since the listing went up — a renovation, paperwork, something else?
Because: The price is about 6% higher than when it was first advertised.
Which price is the real one, and who am I negotiating with?
Because: The property appears in 2 listings, and the prices differ by about 6%.
Why is this priced below comparable properties? Is there anything that could affect the sale?
Because: The price per m² is about 64% 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