+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
Sale190,000 €1,826 €/m²
Expected rent693 € /mo
~29,000 € ABOVE MARKET
above market
against the median for 3-room apartments in Asparuhovo (209 properties)
Area
104 m²
Floor
2 / 4
Construction
Brick
Yield analysis
Fair investment rating
Monthly payment843 €20% down payment · 20 yrs · 3%
Expected rent693 €at market conditions for the neighbourhood
The rent covers 82% of the payment — you top up about 150 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 23 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 29,000 € above the typical price (the median) for 3-room apartments in Asparuhovo (209 properties) — 1,826 €/m² against 1,549 €/m².
Three-room apartment in Varna city, Asparuhovo district, located in a complex on the first line by the sea shore.
The layout includes two bedrooms with a shared terrace overlooking the inner courtyard and pool, a spacious living room with kitchenette and a terrace with panoramic views of the sea and the port.
The building is brick, on the second floor of four, with an elevator and access control, providing convenience and security.
The complex offers an outdoor pool, security, video surveillance, and maintained green areas, and the location is close to shops, schools, and transport connections.
The property is suitable for permanent residence or rental due to its functional layout and proximity to the sea.
With 20% down over 20 years the monthly mortgage payment is about 843 €, against an expected local rent of 693 €. The rent covers 82% of it.
Source: Market statistics for 3-room apartments in Asparuhovo
Pros and cons
AI summaryPros
- functional layout
- panoramic sea view
- elevator
- access control
Cons
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
Layout
- bedroom
- bedroom
- living room
Amenities
- Elevator
- Access Control
Details
- Category
- Residential
- Rooms
- 3
- Bathrooms
- 1
- Furnishing
- Yes
Location
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