+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
Sale110,000 €1,746 €/m²
Expected rent552 € /mo
AT MARKET LEVEL
fairly priced
against the median for 2-room apartments in Asparuhovo (260 properties)
Area
63 m²
Floor
5 / 6
Construction
Brick
Year
2027
Yield analysis
Good investment rating
Monthly payment488 €20% down payment · 20 yrs · 3%
Expected rent552 €at market conditions for the neighbourhood
The rent covers 113% 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 at the typical price (the median) for 2-room apartments in Asparuhovo (260 properties) — 1,746 €/m² against 1,659 €/m².
The apartment is located in Varna city, Asparuhovo district, in a new residential complex. It features two rooms and a spacious terrace, providing additional space and light. The property is on the 5th floor of 6, with an elevator and the option for a parking space. The building is brick, constructed in 2027, ensuring modern materials and technologies. The area offers quick access to the city center, the beach, shops, and public transport. The property is suitable both for living and investment, requiring renovation works to complete the interior.
With 20% down over 20 years the monthly mortgage payment is about 488 €, against an expected local rent of 552 €. The rent covers the whole payment (113%).
Source: Market statistics for 2-room apartments in Asparuhovo
Pros and cons
AI summaryPros
- functional layout
- new-build
- elevator
- parking space
Cons
- needs renovation
Questions for the viewing
Only on imotesaDerived 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.
Has Act 16 been issued, and what guarantees cover the common parts?
Because: The building dates from 2027.
Is there enough daylight during the day?
Because: The advertised exposure has no southern side.
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
Amenities
- Elevator
- With Parking
- Access Control
- Needs Renovation
Exposure
AI summaryWWest
Afternoon and evening sun
Details
- Category
- Residential
- Rooms
- 2
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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