median 1,549 €/m² for comparable properties
Rent covers ~ 112% of the payment
~ 693 €/mo rent · pays for itself in ~ 17 yrs
~10,000 € BELOW MARKET
good value
against the median for 2-room apartments in Asparuhovo (260 properties)
Good investment rating
The rent covers 115% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 16 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 10,000 € below the typical price (the median) for 2-room apartments in Asparuhovo (260 properties) — 1,521 €/m² against 1,659 €/m².
Two-room apartment with an area of 71 sq m, located in the district of Asparuhovo, Varna. The property is part of a new-build in a gated complex with controlled access.
The layout includes a living area with kitchen (23.22 sq m), bedroom (15.41 sq m), bathroom with toilet, balcony (5.36 sq m) and utility room. The rooms have a regular shape and are not walk-through.
The building is brick-built, with luxuriously finished common areas, silent electric elevator and intercom system. The complex has a mineral spring with certified water for domestic use.
The location offers convenient access to the centre of Varna, close to schools, kindergartens, hypermarkets, bus stops, park and Asparuhovo beach.
The property is suitable for people looking for a modern apartment with amenities in a well-organised area with the possibility of a parking space in an underground garage.
With 20% down over 20 years the monthly mortgage payment is about 479 €, against an expected local rent of 552 €. The rent covers the whole payment (115%).
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.
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What feedback have previous viewers given?
Because: We have been tracking this listing for about 254 days.
Is there a lift in the building, and what condition is it in?
Because: The property is on floor 4 and the listing does not mention a lift.
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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