median 1,549 €/m² for comparable properties
Rent covers ~ 112% of the payment
~ 693 €/mo rent · pays for itself in ~ 17 yrs
~19,500 € ABOVE MARKET
overpriced
against the median for 2-room apartments in Asparuhovo (260 properties)
Good investment rating
The rent covers 137% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 14 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 19,500 € above the typical price (the median) for 2-room apartments in Asparuhovo (260 properties) — 2,022 €/m² against 1,659 €/m².
The offered property is a two-room apartment with an area of 43 sq m, located in the Asparuhovo district, Varna city. The layout includes an entrance hall, separate bedroom, spacious living room, and an enclosed glazed terrace used as a kitchenette. The apartment is in a prefab panel block on the third floor of nine, with improvements such as replaced plumbing and electrical installations, internal insulation, and PVC windows. The location is well-connected with good infrastructure, including shops, schools, and transport links. The property is suitable for living or renting out, offering a functional layout and conveniences in an urban environment.
With 20% down over 20 years the monthly mortgage payment is about 404 €, against an expected local rent of 552 €. The rent covers the whole payment (137%).
This property is advertised in 6 offers from 6 different sellers. The gap between the cheapest and the dearest is 4,000 €. It has been listed for 94 days.
Source: Market statistics for 2-room apartments in Asparuhovo
Derived from this specific property's data — not a generic checklist. Take them with you.
Which price is the real one, and who am I negotiating with?
Because: The property appears in 6 listings, and the prices differ by about 4%.
Has the block been insulated under the renovation programme, and is there paperwork for it?
Because: Prefabricated panel construction.
Have the risers been replaced, and when was the roof last repaired?
Because: The building dates from 1980 — about 46 years old.
Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.
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