+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
Sale149,000 €2,223 €/m²
Expected rent552 € /mo
~38,000 € ABOVE MARKET
overpriced
against the median for 2-room apartments in Asparuhovo (260 properties)
Area
67 m²
Floor
7 / 9
Construction
Brick
Year
2015
Yield analysis
Fair investment rating
Monthly payment661 €20% down payment · 20 yrs · 3%
Expected rent552 €at market conditions for the neighbourhood
The rent covers 83% of the payment — you top up about 109 €/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 38,000 € above the typical price (the median) for 2-room apartments in Asparuhovo (260 properties) — 2,223 €/m² against 1,659 €/m².
The offered property is a two-room apartment in Varna, Asparuhovo district, located in the South Bay complex on the first sea line. The layout includes a spacious living room with kitchen area, bedroom, bathroom with toilet, entrance hall and terrace with sea view. The building is brick, built in 2015, with an elevator and a total of 9 floors, the apartment being on the 7th floor. The complex features access control, security, video surveillance, swimming pool, gym and parking. The location is right next to the beach and offers amenities for living and recreation. The property is suitable for people looking for a home with sea view and facilities in a gated complex.
With 20% down over 20 years the monthly mortgage payment is about 661 €, against an expected local rent of 552 €. The rent covers 83% of it.
Source: Market statistics for 2-room apartments in Asparuhovo
Pros and cons
AI summaryPros
- sea view
- new-build
- elevator
- access control
Cons
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
Layout
- living room
- bedroom
Amenities
- Elevator
- With Parking
- Video Surveillance
- Access Control
- Security
Details
- Category
- Residential
- Rooms
- 2
- Bathrooms
- 1
- Furnishing
- Yes
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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