+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
Sale169,000 €1,625 €/m²
Expected rent693 € /mo
AT MARKET LEVEL
fairly priced
against the median for 3-room apartments in Asparuhovo (209 properties)
Area
104 m²
Floor
7 / 8
Construction
Brick
Year
2020
Yield analysis
Fair investment rating
Monthly payment750 €20% down payment · 20 yrs · 3%
Expected rent693 €at market conditions for the neighbourhood
The rent covers 92% of the payment — you top up about 57 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 20 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 at the typical price (the median) for 3-room apartments in Asparuhovo (209 properties) — 1,625 €/m² against 1,549 €/m².
Three-room apartment in Varna city, Asparuhovo district, part of the South Bay Park and Beach complex on the first line by the beach.
The layout includes a living room with kitchenette and access to a terrace, two bedrooms with a shared terrace, corridor, bathroom with toilet, and storage room.
The building is brick, built in 2020, with an elevator and maintained common areas; the apartment is furnished and equipped with air conditioners and PVC windows.
The complex offers controlled access, reception, swimming pool, and parking options; it is located about 100 m from the beach strip.
The property is suitable for year-round living or investment through rental, combining convenience and proximity to the sea.
With 20% down over 20 years the monthly mortgage payment is about 750 €, against an expected local rent of 693 €. The rent covers 92% of it.
Source: Market statistics for 3-room apartments in Asparuhovo
Pros and cons
AI summaryPros
- south aspect
- new-build
- elevator
- close to beach
Cons
- seventh floor
Layout
- living room with kitchenette (25 sq m)
- bedroom (12 sq m)
- bedroom (10 sq m)
Amenities
- Elevator
- With Parking
Exposure
AI summarySSouth
Maximum sunlight throughout the day
NNorth
Even light, cooler during summer
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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