−21% below market
median 1,688 €/m² for comparable properties
84,900 € 1,326 €/m²
Rent covers ~ 148% of the payment
~ 559 €/mo rent · pays for itself in ~ 13 yrs
Sale102,500 €1,423 €/m²
Expected rent559 € /mo
~19,000 € BELOW MARKET
good value
against the median for 2-room apartments in Asparuhovo (264 properties)
Area
72 m²
Floor
1 / 6
Construction
Brick
Yield analysis
Good investment rating
Monthly payment455 €20% down payment · 20 yrs · 3%
Expected rent559 €at market conditions for the neighbourhood
The rent covers 123% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 15 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 19,000 € below the typical price (the median) for 2-room apartments in Asparuhovo (264 properties) — 1,423 €/m² against 1,688 €/m².
This is a 2-room apartment in the Asparuhovo district of Varna. The property has a floor area of 72 sq m and includes one bedroom and a balcony. The layout is functional, suitable for a family or a couple. The building is brick with an elevator and video surveillance, providing convenience and security. The district is quiet, close to the sea, and offers good infrastructure with shops and transport. The property is suitable for living or as an investment for rental purposes.
With 20% down over 20 years the monthly mortgage payment is about 455 €, against an expected local rent of 559 €. The rent covers the whole payment (123%).
Source: Market statistics for 2-room apartments in Asparuhovo
Pros and cons
AI summaryPros
- functional layout
- balcony
- elevator
- close to the sea
Cons
- ground floor
Questions for the viewing
Only on imotesaDerived 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 16% below the average for comparable properties.
Is there damp, is there enough daylight, and what is the noise like?
Because: The property is on the first floor.
Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.
Layout
- bedroom
- living room
Amenities
- Elevator
- Video Surveillance
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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