+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 €2,041 €/m²
Expected rent552 € /mo
~28,000 € ABOVE MARKET
overpriced
against the median for 2-room apartments in Asparuhovo (260 properties)
Area
73 m²
Floor
2 / 10
Construction
Brick
Year
2025
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 28,000 € above the typical price (the median) for 2-room apartments in Asparuhovo (260 properties) — 2,041 €/m² against 1,659 €/m².
The apartment is located in Varna city, Asparuhovo district, in the South Bay Beach Residence residential complex. It features a functional layout and a total area of 73 sq m on the second floor of a building with an elevator. The building is new-build from 2025, constructed with brick materials and offers controlled access, security, and parking. The complex is situated on the first line by the sea, in a quiet and green environment with convenient access to Varna city centre. The property is suitable for year-round living or investment with rental potential.
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
- new-build
- elevator
- controlled access
Cons
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
Questions for the viewing
Only on imotesaDerived from this specific property's data — not a generic checklist. Take them with you.
Has Act 16 been issued, and what guarantees cover the common parts?
Because: The building dates from 2025.
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
- With Parking
- Access Control
- Security
- Gated Community
Details
- Category
- Residential
- Rooms
- 2
- Furnishing
- Yes
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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