median 1,549 €/m² for comparable properties
Rent covers ~ 112% of the payment
~ 693 €/mo rent · pays for itself in ~ 17 yrs
~38,000 € BELOW MARKET
good value
against the median for 2-room apartments in Asparuhovo (260 properties)
Strong investment rating
The rent covers 166% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 11 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.
This apartment is priced about 38,000 € below the typical price (the median) for 2-room apartments in Asparuhovo (260 properties) — 1,100 €/m² against 1,659 €/m².
The offered property is a 2-room apartment in the Asparuhovo district, Varna. The apartment has a floor area of 68 sq m and is located on the 4th floor of 7 in a brick building from 2027. The layout includes a living room with kitchenette, bedroom, bathroom with toilet, entrance hall and balcony, providing functional use of the space. The building is new, with an elevator and modern construction materials, ensuring good insulation and amenities. The location is in the central part of Asparuhovo, with easy access to city infrastructure and free parking in front of the building. The property is suitable for people seeking convenient urban living with modern conditions and practical layout.
With 20% down over 20 years the monthly mortgage payment is about 332 €, against an expected local rent of 552 €. The rent covers the whole payment (166%).
The asking price has fallen by 34,000 € (31.3%) since it was first listed.
Source: Market statistics for 2-room apartments in Asparuhovo
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
Derived from this specific property's data — not a generic checklist. Take them with you.
Why is this priced below comparable properties? Is there anything that could affect the sale?
Because: The price per m² is about 34% below the average for comparable properties.
Is there still room to negotiate, and why has it not sold yet?
Because: The price has been cut 2 times — about 31% below the original asking price.
Has Act 16 been issued, and what guarantees cover the common parts?
Because: The building dates from 2027.
Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.
The exact address hasn't been published by the seller — the map shows the neighbourhood.
median 1,549 €/m² for comparable properties
Rent covers ~ 112% of the payment
~ 693 €/mo rent · pays for itself in ~ 17 yrs
median 1,659 €/m² for comparable properties
Rent covers ~ 76% of the payment
~ 552 €/mo rent · you top up ~ 171 €/mo
median 1,549 €/m² for comparable properties
Rent covers ~ 118% of the payment
~ 693 €/mo rent · pays for itself in ~ 16 yrs
median 1,659 €/m² for comparable properties
Rent covers ~ 113% of the payment
~ 552 €/mo rent · pays for itself in ~ 17 yrs
median 1,659 €/m² for comparable properties
Rent covers ~ 67% of the payment
~ 552 €/mo rent · you top up ~ 278 €/mo
median 1,659 €/m² for comparable properties
Rent covers ~ 133% of the payment
~ 552 €/mo rent · pays for itself in ~ 14 yrs
median 1,549 €/m² for comparable properties
Rent covers ~ 82% of the payment
~ 693 €/mo rent · you top up ~ 150 €/mo
median 1,549 €/m² for comparable properties
Rent covers ~ 87% of the payment
~ 693 €/mo rent · you top up ~ 106 €/mo