+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
Sale179,000 €1,704 €/m²
Expected rent693 € /mo
~16,500 € ABOVE MARKET
above market
against the median for 3-room apartments in Asparuhovo (209 properties)
Area
105 m²
Floor
6 / 7
Construction
Brick
Year
2025
Yield analysis
Fair investment rating
Monthly payment794 €20% down payment · 20 yrs · 3%
Expected rent693 €at market conditions for the neighbourhood
The rent covers 87% of the payment — you top up about 101 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 22 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 16,500 € above the typical price (the median) for 3-room apartments in Asparuhovo (209 properties) — 1,704 €/m² against 1,549 €/m².
Three-room apartment in Varna city, Asparuhovo district, on Drava St, near Lyuben Karavelov school.
The layout includes a spacious living room with kitchen (27 sq m), two separate bedrooms, two bathrooms and terraces for each room.
The property is in a new brick building from 2025, on the 6th floor of 7 with elevator and controlled access. The apartment is plastered and ready for finishing works according to the buyer's choice.
The location offers urban conveniences and views of Asparuhov Bridge and Varna Lake.
The property is suitable for families seeking a functional layout and bright home with a good location.
With 20% down over 20 years the monthly mortgage payment is about 794 €, against an expected local rent of 693 €. The rent covers 87% of it.
Source: Market statistics for 3-room apartments in Asparuhovo
Pros and cons
AI summaryPros
- south aspect
- functional layout
- new brick building
- elevator
Cons
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
Questions for the viewing
Only on imotesaDerived from this specific property's data — not a generic checklist. Take them with you.
Has Act 16 been issued, and what guarantees cover the common parts?
Because: The building dates from 2025.
Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.
Layout
- living room with kitchen - 27 sq m
- bedroom
- bedroom
Amenities
- Elevator
- Access Control
Exposure
AI summarySSouth
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.
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