+48% above market
median 1,549 €/m² for comparable properties
140,000 € 2,295 €/m²
Rent covers ~ 112% of the payment
~ 697 €/mo rent · pays for itself in ~ 17 yrs
Sale134,990 €2,109 €/m²
Expected rent697 € /mo
~36,000 € ABOVE MARKET
overpriced
against the median for 3-room apartments in Asparuhovo (207 properties)
Area
64 m²
Floor
3 / 8
Construction
Panel
Yield analysis
Good investment rating
Monthly payment599 €20% down payment · 20 yrs · 3%
Expected rent697 €at market conditions for the neighbourhood
The rent covers 116% 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.
Property analysis
This apartment is priced about 36,000 € above the typical price (the median) for 3-room apartments in Asparuhovo (207 properties) — 2,109 €/m² against 1,549 €/m².
Three-room apartment in the district of Asparuhovo, Varna city. The property is located on the third floor of an eight-storey prefab panel building.
The layout includes three separate rooms, a kitchen, corridor, bathroom and separate toilet, as well as a spacious terrace. The floor area is 64 sq m, providing convenient functionality for family living.
The building is prefab panel construction with an elevator and parking space; the apartment is renovated and maintained.
The district is green and quiet, close to the beach, park, and good infrastructure – shops, schools, and transport.
The property is suitable for comfortable urban living with access to the sea and local amenities.
With 20% down over 20 years the monthly mortgage payment is about 599 €, against an expected local rent of 697 €. The rent covers the whole payment (116%).
Source: Market statistics for 3-room apartments in Asparuhovo
Pros and cons
AI summaryPros
- south aspect
- elevator
- parking space
- renovated
Cons
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
Questions for the viewing
Only on imotesaDerived from this specific property's data — not a generic checklist. Take them with you.
Has the block been insulated under the renovation programme, and is there paperwork for it?
Because: Prefabricated panel construction.
Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.
Layout
- bedroom
- bedroom
- bedroom
- kitchen
Amenities
- Elevator
- With Parking
- Renovated
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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