+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
Sale210,000 €2,333 €/m²
Expected rent693 € /mo
~70,500 € ABOVE MARKET
overpriced
against the median for 3-room apartments in Asparuhovo (209 properties)
Area
90 m²
Floor
8 / 9
Construction
Brick
Year
2021
Yield analysis
Low investment rating
Monthly payment932 €20% down payment · 20 yrs · 3%
Expected rent693 €at market conditions for the neighbourhood
The rent covers 74% of the payment — you top up about 239 €/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 about 70,500 € above the typical price (the median) for 3-room apartments in Asparuhovo (209 properties) — 2,333 €/m² against 1,549 €/m².
Apartment with three rooms, located in Varna city, Asparuhovo district, in a gated complex on the first line to the sea.
Layout on two levels with living room, kitchen, two bedrooms, bathroom and large terrace with frontal sea view.
The building is new, built in 2021 from brick, with elevator and controlled access. The property is finished with quality materials and furnished.
The complex offers an outdoor pool, security and video surveillance, and the location combines proximity to the beach, green areas and amenities such as shops and transport.
The property is suitable for year-round living or investment with good functionality and conveniences.
With 20% down over 20 years the monthly mortgage payment is about 932 €, against an expected local rent of 693 €. The rent covers 74% of it.
Source: Market statistics for 3-room apartments in Asparuhovo
Pros and cons
AI summaryPros
- large terrace
- sea view
- new-build
- gated complex
Cons
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
Amenities
- Elevator
- Gated Community
Details
- Category
- Residential
- Rooms
- 3
- Bathrooms
- 1
- Furnishing
- Yes
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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