+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
Sale174,900 €1,749 €/m²
Expected rent693 € /mo
~20,000 € ABOVE MARKET
above market
against the median for 3-room apartments in Asparuhovo (209 properties)
Area
100 m²
Floor
6 / 6
Construction
Brick
Year
2005
Yield analysis
Fair investment rating
Monthly payment776 €20% down payment · 20 yrs · 3%
Expected rent693 €at market conditions for the neighbourhood
The rent covers 89% of the payment — you top up about 83 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 21 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 20,000 € above the typical price (the median) for 3-room apartments in Asparuhovo (209 properties) — 1,749 €/m² against 1,549 €/m².
The offered property is a three-room apartment in the city of Varna, Asparuhovo district, located on the first line next to a park and 2 minutes from the beach. The layout includes a spacious entrance hall, bright living room with kitchenette, two large bedrooms, a bathroom, and two terraces with a view. The apartment is on the top floor (6/6) in a brick building from 2005 and has undergone major renovation, ready to move in. The building has well-maintained common areas and access control. The area is quiet and family-friendly, with convenient access to schools, shops, and public transport, as well as to Varna city center. Free parking in the area is an additional convenience. The property is suitable for living with an emphasis on proximity to the sea and nature, combining functionality and comfort.
With 20% down over 20 years the monthly mortgage payment is about 776 €, against an expected local rent of 693 €. The rent covers 89% of it.
Source: Market statistics for 3-room apartments in Asparuhovo
Pros and cons
AI summaryPros
- functional layout
- two terraces
- near park and beach
- major renovation
Cons
- top floor
Questions for the viewing
Only on imotesaDerived from this specific property's data — not a generic checklist. Take them with you.
What condition is the roof in, and does it overheat in summer?
Because: The property is on the top floor.
Is there a lift in the building, and what condition is it in?
Because: The property is on floor 6 and the listing does not mention a lift.
Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.
Layout
- entrance hall
- living room
- bedroom
- bedroom
- bathroom
- terrace
- terrace
Amenities
- Access Control
- Tax Credit Option
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.
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