median 1,614 €/m² for comparable properties
Rent covers ~ 139% of the payment
~ 555 €/mo rent · pays for itself in ~ 14 yrs
~9,500 € ABOVE MARKET
above market
against the median for 2-room apartments in Asparuhovo (256 properties)
Good investment rating
The rent covers 149% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 13 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 9,500 € above the typical price (the median) for 2-room apartments in Asparuhovo (256 properties) — 1,823 €/m² against 1,614 €/m².
Apartment with two rooms, located on the ground floor in the district of Asparuhovo, Varna city. The property includes a private yard of 60 sq m and an additional storage room of 20 sq m.
The internal layout includes a living room, bedroom, terrace, and storage, with the possibility to create a barbecue area under a canopy.
The building is brick, built in 2000, and the apartment is in a condition requiring renovation; renovation has been started and new window frames and doors have been ordered.
The location offers a quiet environment with free parking options and access to essential amenities in the district.
The property is suitable for personal use or investment considering the available yard and storage spaces.
With 20% down over 20 years the monthly mortgage payment is about 372 €, against an expected local rent of 555 €. The rent covers the whole payment (149%).
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 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.
The exact address hasn't been published by the seller — the map shows the neighbourhood.
median 1,614 €/m² for comparable properties
Rent covers ~ 139% of the payment
~ 555 €/mo rent · pays for itself in ~ 14 yrs
median 1,545 €/m² for comparable properties
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~ 722 €/mo rent · you top up ~ 152 €/mo
median 1,614 €/m² for comparable properties
Rent covers ~ 160% of the payment
~ 555 €/mo rent · pays for itself in ~ 12 yrs
median 1,545 €/m² for comparable properties
Rent covers ~ 148% of the payment
~ 722 €/mo rent · pays for itself in ~ 13 yrs
median 1,545 €/m² for comparable properties
Rent covers ~ 103% of the payment
~ 722 €/mo rent · pays for itself in ~ 18 yrs
median 1,614 €/m² for comparable properties
Rent covers ~ 87% of the payment
~ 555 €/mo rent · you top up ~ 84 €/mo
median 1,614 €/m² for comparable properties
Rent covers ~ 135% of the payment
~ 555 €/mo rent · pays for itself in ~ 14 yrs
median 1,614 €/m² for comparable properties
Rent covers ~ 153% of the payment
~ 555 €/mo rent · pays for itself in ~ 12 yrs