+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 €2,159 €/m²
Expected rent552 € /mo
~34,500 € ABOVE MARKET
overpriced
against the median for 2-room apartments in Asparuhovo (260 properties)
Area
69 m²
Floor
4 / 6
Construction
Brick
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 34,500 € above the typical price (the median) for 2-room apartments in Asparuhovo (260 properties) — 2,159 €/m² against 1,659 €/m².
2-room apartment in Varna, Asparuhovo district, part of the South Bay complex on the first sea line.
Layout: living room with kitchenette, bedroom, bathroom with toilet, entrance hall and terrace with sea view.
Construction: brick, 4th floor of 6 with elevator, in a luxury complex with controlled access, video surveillance and security.
Location: quiet area with direct beach access, close to Varna city centre, with parking available in front of the building.
The property is suitable for use as a holiday home or investment with amenities and functional layout.
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
- functional layout
- terrace with view
- controlled access
- parking space
Cons
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
Layout
- living room
- bedroom
- bathroom
- entrance hall
- terrace
Amenities
- Elevator
- With Parking
- Video Surveillance
- Access Control
- Security
- Gated Community
- Tax Credit Option
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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