+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
Sale350,000 €2,134 €/m²
Expected rent693 € /mo
~96,000 € ABOVE MARKET
overpriced
against the median for 3-room apartments in Asparuhovo (209 properties)
Area
164 m²
Floor
5 / 5
Construction
Brick
Year
2026
Yield analysis
Low investment rating
Monthly payment1,553 €20% down payment · 20 yrs · 3%
Expected rent693 €at market conditions for the neighbourhood
The rent covers 45% of the payment — you top up about 860 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 42 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 96,000 € above the typical price (the median) for 3-room apartments in Asparuhovo (209 properties) — 2,134 €/m² against 1,549 €/m².
The apartment is located in the district of Asparuhovo, Varna.
The layout includes two bedrooms, a large living room with kitchen, and a terrace of 45 sq m.
The building is a new-build brick construction, with underfloor heating, air conditioning system, and elevator.
The district offers amenities such as schools, shops, and proximity to the beach and park.
The property is suitable for family living with an emphasis on space and sea view.
With 20% down over 20 years the monthly mortgage payment is about 1,553 €, against an expected local rent of 693 €. The rent covers 45% of it.
Source: Market statistics for 3-room apartments in Asparuhovo
Pros and cons
AI summaryPros
- panoramic view
- spacious terrace
- new-build
- two parking spaces
Cons
- needs renovation
- top floor
Questions for the viewing
Only on imotesaDerived from this specific property's data — not a generic checklist. Take them with you.
What is the scope of the work, and are there hidden problems with the wiring or plumbing?
Because: The listing states that the property needs renovation.
Has Act 16 been issued, and what guarantees cover the common parts?
Because: The building dates from 2026.
What condition is the roof in, and does it overheat in summer?
Because: The property is on the top floor.
Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.
Layout
- bedroom 18
- bedroom 13
- living room with kitchen 80
Amenities
- Elevator
- With Parking
- Needs Renovation
- Tax Credit Option
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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