+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
Sale204,000 €1,436 €/m²
Expected rent693 € /mo
AT MARKET LEVEL
fairly priced
against the median for 3-room apartments in Asparuhovo (209 properties)
Area
142 m²
Floor
0 / 8
Construction
Brick
Year
2021
Yield analysis
Fair investment rating
Monthly payment905 €20% down payment · 20 yrs · 3%
Expected rent693 €at market conditions for the neighbourhood
The rent covers 77% of the payment — you top up about 212 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 25 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 at the typical price (the median) for 3-room apartments in Asparuhovo (209 properties) — 1,436 €/m² against 1,549 €/m².
The offered three-room apartment is part of the South Bay Beach Residence complex, built in 2021 in the Asparuhovo district of Varna. The property with a total area of 142 sq m is located on the ground floor and includes a spacious living room with a kitchen area, two bedrooms, two bathrooms, and a terrace in the style of a private yard with an area of 32 sq m, which provides direct access to the pool. The ceiling height of 3.20 m contributes to a sense of spaciousness. The complex offers security, landscaped areas, commercial premises, and direct access to the beach, while the area is quiet and green with convenient connection to Varna city centre. There is an option for conversion into a four-room apartment, adding flexibility to the layout.
With 20% down over 20 years the monthly mortgage payment is about 905 €, against an expected local rent of 693 €. The rent covers 77% of it.
Source: Market statistics for 3-room apartments in Asparuhovo
Pros and cons
AI summaryPros
- seafront location
- private yard with pool access
- high ceilings 3.20 m
- quiet green area
Cons
- ground floor
- above commercial premises
Questions for the viewing
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Layout
- living room with kitchen area
- two bedrooms
- two bathrooms
- terrace as private yard 32 sq m
Amenities
- Elevator
- With Parking
- Video Surveillance
- Security
- Gated Community
Exposure
AI summarySSouth
Maximum sunlight throughout the day
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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