median 1,549 €/m² for comparable properties
Rent covers ~ 112% of the payment
~ 693 €/mo rent · pays for itself in ~ 17 yrs
~53,500 € BELOW MARKET
good value
against the median for 3-room apartments in Asparuhovo (209 properties)
Good investment rating
The rent covers 119% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 16 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.
This apartment is priced about 53,500 € below the typical price (the median) for 3-room apartments in Asparuhovo (209 properties) — 1,100 €/m² against 1,549 €/m².
Three-room apartment in the district of Asparuhovo - center, city of Varna. The property has a floor area of 102.53 sq m and is located on the 6th floor of 7 in a building with an elevator.
The layout includes a living room with kitchenette, two bedrooms, an office, a bathroom with toilet, separate toilet, entrance hall and three balconies. The interior walls are not built, allowing flexibility in designing the interior.
The building is new-build from 2027, constructed with brick. The property also includes a basement of 2.11 sq m.
The location is in the central part of the district, with free parking available in front of the building and convenient access to urban infrastructure.
The property is suitable for buyers looking for a new home with customization options in an urban environment.
With 20% down over 20 years the monthly mortgage payment is about 581 €, against an expected local rent of 693 €. The rent covers the whole payment (119%).
The asking price has fallen by 59,500 € (31.3%) since it was first listed.
Source: Market statistics for 3-room apartments in Asparuhovo
Derived from this specific property's data — not a generic checklist. Take them with you.
Why is this priced below comparable properties? Is there anything that could affect the sale?
Because: The price per m² is about 29% below the average for comparable properties.
Is there still room to negotiate, and why has it not sold yet?
Because: The price has been cut 2 times — about 31% below the original asking price.
Has Act 16 been issued, and what guarantees cover the common parts?
Because: The building dates from 2027.
Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.
The exact address hasn't been published by the seller — the map shows the neighbourhood.
median 1,549 €/m² for comparable properties
Rent covers ~ 112% of the payment
~ 693 €/mo rent · pays for itself in ~ 17 yrs
median 1,659 €/m² for comparable properties
Rent covers ~ 76% of the payment
~ 552 €/mo rent · you top up ~ 171 €/mo
median 1,549 €/m² for comparable properties
Rent covers ~ 118% of the payment
~ 693 €/mo rent · pays for itself in ~ 16 yrs
median 1,659 €/m² for comparable properties
Rent covers ~ 113% of the payment
~ 552 €/mo rent · pays for itself in ~ 17 yrs
median 1,659 €/m² for comparable properties
Rent covers ~ 67% of the payment
~ 552 €/mo rent · you top up ~ 278 €/mo
median 1,659 €/m² for comparable properties
Rent covers ~ 133% of the payment
~ 552 €/mo rent · pays for itself in ~ 14 yrs
median 1,549 €/m² for comparable properties
Rent covers ~ 82% of the payment
~ 693 €/mo rent · you top up ~ 150 €/mo
median 1,549 €/m² for comparable properties
Rent covers ~ 87% of the payment
~ 693 €/mo rent · you top up ~ 106 €/mo