+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
Sale143,000 €1,958 €/m²
Expected rent552 € /mo
~22,000 € ABOVE MARKET
above market
against the median for 2-room apartments in Asparuhovo (260 properties)
Area
73 m²
Floor
2 / 8
Construction
Brick
Yield analysis
Fair investment rating
Monthly payment634 €20% down payment · 20 yrs · 3%
Expected rent552 €at market conditions for the neighbourhood
The rent covers 87% of the payment — you top up about 82 €/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 22,000 € above the typical price (the median) for 2-room apartments in Asparuhovo (260 properties) — 1,958 €/m² against 1,659 €/m².
Two-room apartment in the district of Asparuhovo, Varna city, located on the second floor of a building with an elevator. The property has a floor area of 73 sq m and is close to the beach.
The layout includes a living room with kitchenette, bedroom, corridor, bathroom with toilet, and terrace, providing a convenient and functional internal arrangement.
The building is brick, with Act 16, and is in good condition, while the apartment is renovated and furnished. All basic amenities are available, including access control and elevator.
The location is convenient, with quick access to the beach, supermarket, and bus stop, facilitating daily life and transport.
The property is suitable both for year-round living and as an investment for rental purposes, combining functionality and convenience in a seaside location.
With 20% down over 20 years the monthly mortgage payment is about 634 €, against an expected local rent of 552 €. The rent covers 87% of it.
Source: Market statistics for 2-room apartments in Asparuhovo
Pros and cons
AI summaryPros
- functional layout
- close to beach
- elevator
- renovated
Cons
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
Layout
- living room
- bedroom
- corridor
- bathroom
- terrace
Amenities
- Elevator
- Access Control
- Renovated
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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