+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
Sale233,090 €2,119 €/m²
Expected rent693 € /mo
~62,500 € ABOVE MARKET
overpriced
against the median for 3-room apartments in Asparuhovo (209 properties)
Area
110 m²
Floor
1 / 6
Construction
Brick
Yield analysis
Low investment rating
Monthly payment1,034 €20% down payment · 20 yrs · 3%
Expected rent693 €at market conditions for the neighbourhood
The rent covers 67% of the payment — you top up about 341 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 28 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 62,500 € above the typical price (the median) for 3-room apartments in Asparuhovo (209 properties) — 2,119 €/m² against 1,549 €/m².
Three-room apartment in Varna city, Asparuhovo district, located on the first residential floor of a new-build building. The layout includes a living room with kitchen area, two separate bedrooms, two bathrooms with toilets, a storage room, a walk-in closet, and a large terrace accessible from all rooms. The building is brick, with an elevator, and will be completed to BDS standards with high-quality materials by the end of 2026. The location is in the central part of the district, close to the beach, park, schools, kindergartens, and amenities such as a bus stop, gym, and retail outlets. The property is suitable for family living with good functionality and conveniences near nature and urban infrastructure.
With 20% down over 20 years the monthly mortgage payment is about 1,034 €, against an expected local rent of 693 €. The rent covers 67% of it.
Source: Market statistics for 3-room apartments in Asparuhovo
Pros and cons
AI summaryPros
- functional layout
- large terrace
- elevator
- close to beach and park
Cons
- ground floor
- needs finishing
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 180 days.
Is there damp, is there enough daylight, and what is the noise like?
Because: The property is on the first floor.
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 area (28 sq m)
- bedroom (14 sq m)
- bedroom (12 sq m)
Amenities
- Elevator
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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