+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
Sale100,500 €1,500 €/m²
Expected rent552 € /mo
~10,500 € BELOW MARKET
good value
against the median for 2-room apartments in Asparuhovo (260 properties)
Area
67 m²
Floor
7 / 7
Construction
Brick
Yield analysis
Good investment rating
Monthly payment446 €20% down payment · 20 yrs · 3%
Expected rent552 €at market conditions for the neighbourhood
The rent covers 124% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 15 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 10,500 € below the typical price (the median) for 2-room apartments in Asparuhovo (260 properties) — 1,500 €/m² against 1,659 €/m².
Apartment with two rooms in the district of Asparuhovo, Varna city, located on the top floor of a new-build building.
Layout: entrance hall, living room with kitchen area, bedroom, bathroom with toilet, utility room and terrace.
The building is made of brick and has an elevator; the property is in plaster and screed, allowing for finishing according to a personal project.
The location is convenient, close to public transport, school, kindergarten, park and beach. There is an option to purchase above-ground and underground parking spaces and garages in the area.
The property is suitable for people looking for a home near the sea with the possibility to personalise the interior.
With 20% down over 20 years the monthly mortgage payment is about 446 €, against an expected local rent of 552 €. The rent covers the whole payment (124%).
Source: Market statistics for 2-room apartments in Asparuhovo
Pros and cons
AI summaryPros
- new-build
- elevator
- terrace
- parking
Cons
- top floor
- unfinished
Questions for the viewing
Only on imotesaDerived from this specific property's data — not a generic checklist. Take them with you.
What feedback have previous viewers given?
Because: We have been tracking this listing for about 272 days.
Does it have its Act 16 occupancy permit, and if not, when is it expected?
Because: The building is advertised as under construction.
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
- entrance hall
- living room
- bedroom
- utility room
- bathroom
- terrace
Amenities
- Under Construction
- Elevator
- With Parking
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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