+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
Sale189,000 €1,750 €/m²
Expected rent693 € /mo
~21,500 € ABOVE MARKET
above market
against the median for 3-room apartments in Asparuhovo (209 properties)
Area
108 m²
Floor
3 / 8
Construction
Brick
Year
2012
Yield analysis
Fair investment rating
Monthly payment839 €20% down payment · 20 yrs · 3%
Expected rent693 €at market conditions for the neighbourhood
The rent covers 83% of the payment — you top up about 146 €/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 21,500 € above the typical price (the median) for 3-room apartments in Asparuhovo (209 properties) — 1,750 €/m² against 1,549 €/m².
A three-room apartment is offered in the Varna South Bay Residence complex, located in the Asparuhovo district of Varna. The apartment has an area of 108 sq m and is situated on the third floor of an eight-storey building. The layout includes a living room with a kitchenette and access to a terrace with east aspect, two bedrooms, a bathroom with toilet, and a separate guest toilet. The building is brick from 2012, with an elevator and access control, and the property is equipped with air conditioning and high-speed internet. The complex is gated, with a large outdoor pool, café, and shop, located about 100 metres from the beach. The property is suitable for year-round living or vacation, combining convenience and proximity to the sea.
With 20% down over 20 years the monthly mortgage payment is about 839 €, against an expected local rent of 693 €. The rent covers 83% of it.
Source: Market statistics for 3-room apartments in Asparuhovo
Pros and cons
AI summaryPros
- functional layout
- east aspect
- gated complex
- close to beach
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.
What feedback have previous viewers given?
Because: We have been tracking this listing for about 182 days.
Is there enough daylight during the day?
Because: The advertised exposure has no southern side.
Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.
Layout
- living room
- bedroom
- bedroom
Amenities
- Elevator
- Access Control
- Security
- Gated Community
Exposure
AI summaryEEast
Morning sun, cooler afternoons
Details
- Category
- Residential
- Rooms
- 3
- Bathrooms
- 2
- Furnishing
- Yes
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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