Sale−27% below market

Spacious three-room apartment with panoramic view in Asparuhovo

VarnaAsparuhovo
Published: 4 February 2026 Updated: 23 September 2026
Sale108,900 €1,067 €/m²
Expected rent693 € /mo
Area
102 m²
Floor
2 / 5
Construction
Brick
Year
2026

Yield analysis

Good investment rating

7.6% / yr
Monthly payment483 €20% down payment · 20 yrs · 3%
Expected rent693 €at market conditions for the neighbourhood

The rent covers 143% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 13 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.

Price history

2 changes since listing▼ 16.2% · 21,100 €
  1. 130,000 €7 May 2026Initial price
  2. 110,000 €▼ 20,000 € (15.4%) 12 May 2026Price reduced
  3. 108,900 €▼ 1,100 € (1%) 19 May 2026Price reducedCurrent

Property analysis

This apartment is priced 27% below the typical price (the median) for comparable properties — 1,134 €/m² against 1,549 €/m².

The offered three-room apartment is part of a new brick building, constructed in 2026, located in the rapidly developing Asparuhovo district of Varna. The 102 sq m apartment is situated on the second floor of five and offers a functional layout with a spacious living area of 27 sq m with a southern aspect, two bedrooms, a bathroom with toilet, an additional toilet, and two terraces – one in front of the living room and a second accessible from the bedrooms. The property includes a basement and the option to purchase a parking space. The building is in the process of completion, with Act 16 expected within a month, making it suitable for financing. The apartment offers amenities and comfort typical of modern construction in a preferred area of the city.

With 20% down over 20 years the monthly mortgage payment is about 483 €, against an expected local rent of 693 €. The rent covers the whole payment (143%).

The asking price has fallen by 21,100 € (16.2%) since it was first listed.

Source: Market statistics for 3-room apartments in Asparuhovo

Pros and cons

AI summary
Pros
  • panoramic view
  • southern aspect
  • two terraces
  • new-build
Cons
  • in completion process
  • incomplete Act 16

Questions for the viewing

Only on imotesa

Derived from this specific property's data — not a generic checklist. Take them with you.

  1. Why is this priced below comparable properties? Is there anything that could affect the sale?

    Because: The price per m² is about 27% below the average for comparable properties.

  2. Is there still room to negotiate, and why has it not sold yet?

    Because: The price has been cut 2 times — about 16% below the original asking price.

  3. What feedback have previous viewers given?

    Because: We have been tracking this listing for about 241 days.

  4. Has Act 16 been issued, and what guarantees cover the common parts?

    Because: The building dates from 2026.

Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.

Layout

  • living area 27 sq m
  • entrance hall
  • two bedrooms
  • bathroom and toilet
  • additional toilet
  • basement

Amenities

  • Elevator
  • Video Surveillance
  • Access Control

Exposure

AI summary
SSouth

Maximum sunlight throughout the day

Details

Category
Residential
Rooms
3
Bathrooms
2

Approximate location

The exact address hasn't been published by the seller — the map shows the neighbourhood.

Similar properties nearby