+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
Sale125,000 €1,785 €/m²
Expected rent552 € /mo
AT MARKET LEVEL
fairly priced
against the median for 2-room apartments in Asparuhovo (260 properties)
Area
70 m²
Construction
Brick
Year
2018
Yield analysis
Fair investment rating
Monthly payment555 €20% down payment · 20 yrs · 3%
Expected rent552 €at market conditions for the neighbourhood
The rent covers 100% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 19 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 at the typical price (the median) for 2-room apartments in Asparuhovo (260 properties) — 1,785 €/m² against 1,659 €/m².
The apartment is located in the Varna South Bay Beach Residence complex in the Asparuhovo district of Varna. It features an entrance hall, living room with kitchen and dining area, bedroom, bathroom with toilet, and terrace. The property is finished turnkey with laminate and ceramic tiles, in a building with an elevator and parking. The complex has controlled access, live security, and video surveillance, situated on the first line by the sea with views of Varna Bay. Nearby are a beach, park, shops, school, and transport connections. The property is suitable for those seeking convenient access to the sea and urban infrastructure.
With 20% down over 20 years the monthly mortgage payment is about 555 €, against an expected local rent of 552 €. The rent covers the whole payment (100%).
Source: Market statistics for 2-room apartments in Asparuhovo
Pros and cons
AI summaryPros
- gated complex
- first line by the sea
- elevator
- parking
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
- Security
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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