+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
Sale112,499 €1,874 €/m²
Expected rent552 € /mo
~13,000 € ABOVE MARKET
above market
against the median for 2-room apartments in Asparuhovo (260 properties)
Area
60 m²
Floor
6 / 6
Construction
Brick
Yield analysis
Fair investment rating
Monthly payment499 €20% down payment · 20 yrs · 3%
Expected rent552 €at market conditions for the neighbourhood
The rent covers 111% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 17 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 13,000 € above the typical price (the median) for 2-room apartments in Asparuhovo (260 properties) — 1,874 €/m² against 1,659 €/m².
The apartment is located in Varna city, Asparuhovo district, on the top floor of a brick building with an elevator. It features two rooms, including a spacious living room with a kitchenette and dining area, as well as an enclosed terrace. The property is air-conditioned and fully furnished, ready to move in. The building is brick, providing good insulation, and the elevator facilitates access to the sixth floor. The location is convenient, close to stops, shops, a school, and the district center. The apartment is suitable both for living and as an investment for rental purposes. The total living area is 51 sq m, and including common parts - 60 sq m.
With 20% down over 20 years the monthly mortgage payment is about 499 €, against an expected local rent of 552 €. The rent covers the whole payment (111%).
Source: Market statistics for 2-room apartments in Asparuhovo
Pros and cons
AI summaryPros
- functional layout
- sea view
- brick construction
- elevator
Cons
- top floor
Questions for the viewing
Only on imotesaDerived from this specific property's data — not a generic checklist. Take them with you.
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.
Layout
- living room
- bedroom
Amenities
- Elevator
- Access Control
Exposure
AI summarySSouth
Maximum sunlight throughout the day
NNorth
Even light, cooler during summer
Details
- Category
- Residential
- Rooms
- 2
- Furnishing
- Yes
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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