−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
Sale145,000 €1,907 €/m²
Expected rent559 € /mo
~16,500 € ABOVE MARKET
above market
against the median for 2-room apartments in Asparuhovo (264 properties)
Area
76 m²
Floor
4 / 10
Construction
Brick
Year
2023
Yield analysis
Fair investment rating
Monthly payment643 €20% down payment · 20 yrs · 3%
Expected rent559 €at market conditions for the neighbourhood
The rent covers 87% of the payment — you top up about 84 €/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 16,500 € above the typical price (the median) for 2-room apartments in Asparuhovo (264 properties) — 1,907 €/m² against 1,688 €/m².
The property is a two-room apartment with an area of 76 sq m, located in the Asparuhovo district, Varna. The apartment is on the 4th floor of a 10-storey building and is part of a gated complex with security and video surveillance. The layout includes an entrance hall, living room with dining area and kitchen, bedroom, and terrace accessible from both rooms. The construction is brick from 2023, with an elevator and parking spaces, and the property is finished "turnkey." The complex offers additional amenities such as swimming pools, a spa center, and a café, and is just steps from the beach and close to public transport. The location is quiet but with easy access to Varna city center and main conveniences. The property is suitable for those seeking a seaside home with amenities and good infrastructure.
With 20% down over 20 years the monthly mortgage payment is about 643 €, against an expected local rent of 559 €. The rent covers 87% of it.
Source: Market statistics for 2-room apartments in Asparuhovo
Pros and cons
AI summaryPros
- sea view
- gated complex
- new-build
- elevator and parking space
Cons
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
Layout
- entrance hall
- living room
- bedroom
- terrace
- bathroom
Amenities
- Elevator
- Gated Community
- Video Surveillance
- Access Control
- With Parking
- Security
- Renovated
Exposure
AI summarySSouth
Maximum sunlight throughout the day
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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At market level
median 1,688 €/m² for comparable properties
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Rent covers ~ 95% of the payment
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