+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
Sale165,000 €2,462 €/m²
Expected rent552 € /mo
~54,000 € ABOVE MARKET
overpriced
against the median for 2-room apartments in Asparuhovo (260 properties)
Area
67 m²
Floor
7 / 8
Construction
Brick
Year
2017
Yield analysis
Fair investment rating
Monthly payment732 €20% down payment · 20 yrs · 3%
Expected rent552 €at market conditions for the neighbourhood
The rent covers 75% of the payment — you top up about 180 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 25 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 54,000 € above the typical price (the median) for 2-room apartments in Asparuhovo (260 properties) — 2,462 €/m² against 1,659 €/m².
2-room apartment in Varna city, Asparuhovo district, part of the Varna South Bay complex. It is located on the 7th floor of 8.
The layout includes a bedroom, living room with kitchen, bathroom with toilet and shower cabin, storage room, and two terraces, one of which is about 10 sq m with a sea view.
The building is brick from 2017, equipped with an elevator and offers heating via air conditioners. The property is finished with PVC windows, latex walls, laminated parquet and terracotta flooring.
The complex offers controlled access, security, video surveillance, parking area, pools and various amenities such as restaurants and shops nearby. The area is close to the beach and park.
Suitable for living or renting out with good functionality and amenities in a seaside location.
With 20% down over 20 years the monthly mortgage payment is about 732 €, against an expected local rent of 552 €. The rent covers 75% of it.
Source: Market statistics for 2-room apartments in Asparuhovo
Pros and cons
AI summaryPros
- functional layout
- sea view
- new-build
- elevator
Cons
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
Questions for the viewing
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What feedback have previous viewers given?
Because: We have been tracking this listing for about 388 days.
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
- bathroom
- storage room
- terrace
- terrace
Amenities
- Elevator
- Internet Connection
- Access Control
- Security
Exposure
AI summarySSouth
Maximum sunlight throughout the day
Details
- Category
- Residential
- Rooms
- 2
- Bathrooms
- 1
- Furnishing
- Yes
Location
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