+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
Sale199,000 €2,842 €/m²
Expected rent552 € /mo
~83,000 € ABOVE MARKET
overpriced
against the median for 2-room apartments in Asparuhovo (260 properties)
Area
70 m²
Floor
6 / 7
Construction
Brick
Year
2018
Yield analysis
Low investment rating
Monthly payment883 €20% down payment · 20 yrs · 3%
Expected rent552 €at market conditions for the neighbourhood
The rent covers 63% of the payment — you top up about 331 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 30 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 83,000 € above the typical price (the median) for 2-room apartments in Asparuhovo (260 properties) — 2,842 €/m² against 1,659 €/m².
Two-room apartment in Varna city, Asparuhovo district, part of the South Bay Park and Beach complex on the first line by the beach.
The layout includes a living room with kitchenette, bedroom, bathroom with toilet, and two terraces, one of which is a large roof terrace of 175 sq m with sea views.
The building is brick, built in 2018, with an elevator and well-maintained common areas; the property is furnished and equipped with air conditioners and PVC windows.
The complex offers access control, a swimming pool, shops, and green areas, located about 100 meters from the beach strip.
The property is suitable for year-round living or investment through rental due to its convenient location and functionality.
With 20% down over 20 years the monthly mortgage payment is about 883 €, against an expected local rent of 552 €. The rent covers 63% of it.
Source: Market statistics for 2-room apartments in Asparuhovo
Pros and cons
AI summaryPros
- large roof terrace
- sea view
- new-build
- elevator
Cons
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
Layout
- living room with kitchenette (24 sq m)
- bedroom (11 sq m)
Amenities
- Elevator
- With Parking
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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