Sale

Three-room apartment with two terraces in Asparuhovo, Varna

VarnaAsparuhovo
Published: 9 July 2026 Updated: 12 September 2026
Sale149,000 €1,241 €/m²
Expected rent693 € /mo

~37,000 € BELOW MARKET

good value

against the median for 3-room apartments in Asparuhovo (209 properties)

Area
120 m²
Floor
4 / 5
Construction
Brick
Year
1980

Yield analysis

Fair investment rating

5.6% / yr
Monthly payment661 €20% down payment · 20 yrs · 3%
Expected rent693 €at market conditions for the neighbourhood

The rent covers 105% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 18 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.

Price history

1 change since listing▼ 11.8% · 20,000 €
  1. 169,000 €9 July 2026Initial price
  2. 149,000 €▼ 20,000 € (11.8%) 14 August 2026Price reducedCurrent

Property analysis

This apartment is priced about 37,000 € below the typical price (the median) for 3-room apartments in Asparuhovo (209 properties) — 1,241 €/m² against 1,549 €/m².

Three-room apartment in the Asparuhovo district, Varna. The layout includes an entrance hall, living area with kitchen and terrace, two large bedrooms with access to a shared terrace, bathroom and toilet. The property is in a brick building from 1980, on the 4th floor of 5. The property includes an attic room with storage and a ground floor room with kitchenette, toilet and small yard. The area is quiet and family-friendly, close to a school and public transport stop. The apartment offers convenient access to Varna city centre and free parking in the area. The property is suitable for family living with a functional layout and additional rooms.

With 20% down over 20 years the monthly mortgage payment is about 661 €, against an expected local rent of 693 €. The rent covers the whole payment (105%).

The asking price has fallen by 20,000 € (11.8%) since it was first listed.

Source: Market statistics for 3-room apartments in Asparuhovo

Pros and cons

AI summary
Pros
  • functional layout
  • two terraces
  • brick construction
  • close to school
Cons
  • needs additional investment

Questions for the viewing

Only on imotesa

Derived from this specific property's data — not a generic checklist. Take them with you.

  1. Why is this priced below comparable properties? Is there anything that could affect the sale?

    Because: The price per m² is about 20% below the average for comparable properties.

  2. Is there still room to negotiate?

    Because: The price has been cut once, by about 12%.

  3. Have the risers been replaced, and when was the roof last repaired?

    Because: The building dates from 1980 — about 46 years old.

  4. Is there a lift in the building, and what condition is it in?

    Because: The property is on floor 4 and the listing does not mention a lift.

Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.

Layout

  • entrance hall
  • living area
  • bedroom
  • bedroom
  • toilet
  • toilet
  • attic room
  • ground floor room

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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