+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
Sale211,000 €2,110 €/m²
Expected rent693 € /mo
~56,000 € ABOVE MARKET
overpriced
against the median for 3-room apartments in Asparuhovo (209 properties)
Area
100 m²
Floor
5 / 7
Construction
Brick
Year
2015
Yield analysis
Low investment rating
Monthly payment936 €20% down payment · 20 yrs · 3%
Expected rent693 €at market conditions for the neighbourhood
The rent covers 74% of the payment — you top up about 243 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 25 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 56,000 € above the typical price (the median) for 3-room apartments in Asparuhovo (209 properties) — 2,110 €/m² against 1,549 €/m².
Three-room apartment in Varna city, Asparuhovo district, close to the sea.
The layout includes a living area with kitchen section, two bedrooms, bathroom, storage room and two terraces.
The building dates from 2015, built with bricks, featuring an elevator and video surveillance, part of a gated complex with controlled access and security.
The location is near the sea and offers amenities such as shops, a café-pastry shop, pools and a gym within the complex.
The property is suitable for living with a focus on convenience and proximity to the seaside environment.
With 20% down over 20 years the monthly mortgage payment is about 936 €, against an expected local rent of 693 €. The rent covers 74% of it.
Source: Market statistics for 3-room apartments in Asparuhovo
Pros and cons
AI summaryPros
- sea view
- gated complex
- elevator
- two terraces
Cons
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
Layout
- living area
- bedroom
- bedroom
Amenities
- Elevator
- Active Business
- Video Surveillance
- Access Control
- Security
- Gated Community
Details
- Category
- Residential
- Rooms
- 3
- Bathrooms
- 1
- Furnishing
- Yes
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
Similar properties nearby
+40% above market
median 1,659 €/m² for comparable properties
163,000 € 2,328 €/m²
Rent covers ~ 76% of the payment
~ 552 €/mo rent · you top up ~ 171 €/mo
−41% below market
median 1,549 €/m² for comparable properties
132,277 € 918 €/m²
Rent covers ~ 118% of the payment
~ 693 €/mo rent · pays for itself in ~ 16 yrs
+11% above market
median 1,659 €/m² for comparable properties
110,000 € 1,833 €/m²
Rent covers ~ 113% of the payment
~ 552 €/mo rent · pays for itself in ~ 17 yrs
At market level
median 1,659 €/m² for comparable properties
187,000 € 1,700 €/m²
Rent covers ~ 67% of the payment
~ 552 €/mo rent · you top up ~ 278 €/mo
−9% below market
median 1,659 €/m² for comparable properties
93,691 € 1,511 €/m²
Rent covers ~ 133% of the payment
~ 552 €/mo rent · pays for itself in ~ 14 yrs
+18% above market
median 1,549 €/m² for comparable properties
190,000 € 1,826 €/m²
Rent covers ~ 82% of the payment
~ 693 €/mo rent · you top up ~ 150 €/mo
+19% above market
median 1,549 €/m² for comparable properties
179,990 € 1,836 €/m²
Rent covers ~ 87% of the payment
~ 693 €/mo rent · you top up ~ 106 €/mo