+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
Sale77,000 €1,262 €/m²
Expected rent552 € /mo
~24,000 € BELOW MARKET
good value
against the median for 2-room apartments in Asparuhovo (260 properties)
Area
61 m²
Floor
4 / 4
Construction
Brick
Year
2026
Yield analysis
Strong investment rating
Monthly payment342 €20% down payment · 20 yrs · 3%
Expected rent552 €at market conditions for the neighbourhood
The rent covers 162% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 12 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 24,000 € below the typical price (the median) for 2-room apartments in Asparuhovo (260 properties) — 1,262 €/m² against 1,659 €/m².
Two-room apartment with an area of 61 sq m, located in the district of Asparuhovo, Varna. The property is on the fourth floor of a new brick building from 2026.
The layout includes a bedroom, spacious living room with kitchen, and a bathroom with toilet, providing functional use of the space.
The building has an elevator and offers a parking space in a gated complex, currently before Act 16, which guarantees imminent completion and commissioning.
The district is well developed and offers daily conveniences while being within accessible distance from the center of Varna.
The property is suitable for personal use or investment for rental purposes, thanks to its location and modern construction.
With 20% down over 20 years the monthly mortgage payment is about 342 €, against an expected local rent of 552 €. The rent covers the whole payment (162%).
Source: Market statistics for 2-room apartments in Asparuhovo
Pros and cons
AI summaryPros
- functional layout
- new-build
- elevator
- parking space
Cons
- top floor
Questions for the viewing
Only on imotesaDerived from this specific property's data — not a generic checklist. Take them with you.
Why is this priced below comparable properties? Is there anything that could affect the sale?
Because: The price per m² is about 24% below the average for comparable properties.
Has Act 16 been issued, and what guarantees cover the common parts?
Because: The building dates from 2026.
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
- bedroom
- living room with kitchen
Amenities
- Elevator
- With Parking
- Gated Community
Details
- Category
- Residential
- Rooms
- 2
- Bathrooms
- 1
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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