−21% below market
median 1,688 €/m² for comparable properties
84,900 € 1,326 €/m²
Rent covers ~ 148% of the payment
~ 559 €/mo rent · pays for itself in ~ 13 yrs
Sale137,000 €2,044 €/m²
Expected rent559 € /mo
~24,000 € ABOVE MARKET
overpriced
against the median for 2-room apartments in Asparuhovo (264 properties)
Area
67 m²
Floor
2 / 5
Construction
Brick
Year
2012
Heating
District Heating
Yield analysis
Fair investment rating
Monthly payment608 €20% down payment · 20 yrs · 3%
Expected rent559 €at market conditions for the neighbourhood
The rent covers 92% of the payment — you top up about 49 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 20 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 € above the typical price (the median) for 2-room apartments in Asparuhovo (264 properties) — 2,044 €/m² against 1,688 €/m².
2-room apartment in Varna, Asparuhovo district, located on the first sea line. The property is part of a gated complex with restricted access and security.
The layout includes a living room with kitchenette, bedroom, and bathroom, with a floor area of 67 sq m providing comfortable functionality for two people or a small family.
The building was constructed in 2012 with brick construction, equipped with an elevator and modern access control systems. The complex offers additional amenities such as a swimming pool, gym, and shops.
The location is close to the beach, providing easy access to the seaside and opportunities for outdoor recreation. The area is quiet and suitable for vacation or permanent residence.
The property is suitable for those seeking a home with seaside conveniences and a controlled environment for security and comfort.
With 20% down over 20 years the monthly mortgage payment is about 608 €, against an expected local rent of 559 €. The rent covers 92% of it.
Source: Market statistics for 2-room apartments in Asparuhovo
Pros and cons
AI summaryPros
- first sea line
- gated complex
- elevator
- pool and gym
Cons
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
Layout
- two-room
Amenities
- Elevator
- Access Control
- Gated Community
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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median 1,688 €/m² for comparable properties
145,000 € 1,907 €/m²
Rent covers ~ 87% of the payment
~ 559 €/mo rent · you top up ~ 84 €/mo