+48% above market
median 1,549 €/m² for comparable properties
140,000 € 2,295 €/m²
Rent covers ~ 112% of the payment
~ 693 €/mo rent · pays for itself in ~ 17 yrs
Sale135,900 €2,265 €/m²
Expected rent552 € /mo
~36,500 € ABOVE MARKET
overpriced
against the median for 2-room apartments in Asparuhovo (260 properties)
Area
60 m²
Floor
2 / 8
Construction
Brick
Yield analysis
Fair investment rating
Monthly payment603 €20% down payment · 20 yrs · 3%
Expected rent552 €at market conditions for the neighbourhood
The rent covers 92% of the payment — you top up about 51 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 21 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.
Property analysis
This apartment is priced about 36,500 € above the typical price (the median) for 2-room apartments in Asparuhovo (260 properties) — 2,265 €/m² against 1,659 €/m².
The apartment is located in the Asparuhovo district, Varna city.
It features a large living area with kitchen, bedroom, bathroom with toilet, storage room, and a terrace in front of the rooms, providing a functional layout.
The property is in a brick building on the second floor of eight, with no data on the year of construction or additional amenities.
The district offers a quiet environment and access to Varna's urban infrastructure.
It is suitable for family use with balanced size and conveniences for daily living.
With 20% down over 20 years the monthly mortgage payment is about 603 €, against an expected local rent of 552 €. The rent covers 92% of it.
Source: Market statistics for 2-room apartments in Asparuhovo
Pros and cons
AI summaryPros
- functional layout
- terrace
- second floor
- brick construction
Cons
- lack of information on amenities
Layout
- living area
- bedroom
- bathroom
- corridor
- storage room
- terrace
Details
- Category
- Residential
- Rooms
- 2
- Bathrooms
- 2
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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