+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
Sale145,000 €2,196 €/m²
Expected rent552 € /mo
~35,500 € ABOVE MARKET
overpriced
against the median for 2-room apartments in Asparuhovo (260 properties)
Area
66 m²
Floor
6 / 10
Construction
Brick
Year
2023
Yield analysis
Fair investment rating
Monthly payment643 €20% down payment · 20 yrs · 3%
Expected rent552 €at market conditions for the neighbourhood
The rent covers 86% of the payment — you top up about 91 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 22 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 35,500 € above the typical price (the median) for 2-room apartments in Asparuhovo (260 properties) — 2,196 €/m² against 1,659 €/m².
2-room apartment in Asparuhovo district, Varna city, located in a gated complex on the 6th floor of 10.
Layout: entrance hall, living room with dining area and kitchen, bedroom, bathroom with toilet, and terrace with sea view.
The building is new-build from 2023, constructed with brick materials, equipped with an elevator and video surveillance.
The complex offers security, parking, a spa center, pools, and is just steps from the beach and public transport.
Suitable for those seeking a home with seaside amenities and the possibility of relaxation in an urban environment.
With 20% down over 20 years the monthly mortgage payment is about 643 €, against an expected local rent of 552 €. The rent covers 86% of it.
Source: Market statistics for 2-room apartments in Asparuhovo
Pros and cons
AI summaryPros
- gated complex
- sea view
- new-build
- elevator
Cons
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
Layout
- entrance hall
- living room
- bedroom
- terrace
- bathroom
Amenities
- Elevator
- Gated Community
- Video Surveillance
- Access Control
- Security
- With Parking
- Renovated
Exposure
AI summarySSouth
Maximum sunlight throughout the day
Details
- Category
- Residential
- Rooms
- 2
- Bathrooms
- 1
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
Similar properties nearby
+40% above market
median 1,659 €/m² for comparable properties
163,000 € 2,328 €/m²
Rent covers ~ 76% of the payment
~ 552 €/mo rent · you top up ~ 171 €/mo
−41% below market
median 1,549 €/m² for comparable properties
132,277 € 918 €/m²
Rent covers ~ 118% of the payment
~ 693 €/mo rent · pays for itself in ~ 16 yrs
+11% above market
median 1,659 €/m² for comparable properties
110,000 € 1,833 €/m²
Rent covers ~ 113% of the payment
~ 552 €/mo rent · pays for itself in ~ 17 yrs
At market level
median 1,659 €/m² for comparable properties
187,000 € 1,700 €/m²
Rent covers ~ 67% of the payment
~ 552 €/mo rent · you top up ~ 278 €/mo
−9% below market
median 1,659 €/m² for comparable properties
93,691 € 1,511 €/m²
Rent covers ~ 133% of the payment
~ 552 €/mo rent · pays for itself in ~ 14 yrs
+18% above market
median 1,549 €/m² for comparable properties
190,000 € 1,826 €/m²
Rent covers ~ 82% of the payment
~ 693 €/mo rent · you top up ~ 150 €/mo
+19% above market
median 1,549 €/m² for comparable properties
179,990 € 1,836 €/m²
Rent covers ~ 87% of the payment
~ 693 €/mo rent · you top up ~ 106 €/mo