+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
Sale240,000 €2,666 €/m²
Expected rent693 € /mo
~100,500 € ABOVE MARKET
overpriced
against the median for 3-room apartments in Asparuhovo (209 properties)
Area
90 m²
Floor
4 / 7
Construction
Brick
Year
2023
Heating
Local Heating
Yield analysis
Low investment rating
Monthly payment1,065 €20% down payment · 20 yrs · 3%
Expected rent693 €at market conditions for the neighbourhood
The rent covers 65% of the payment — you top up about 372 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 29 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 100,500 € above the typical price (the median) for 3-room apartments in Asparuhovo (209 properties) — 2,666 €/m² against 1,549 €/m².
3-room apartment in Varna city, Asparuhovo district, located on the 4th floor of 7 in a new brick building.
The layout includes two bedrooms, a living room, terrace, bathroom with toilet, separate laundry room and entrance hall, providing functional use of the space.
The building was constructed in 2023, equipped with an elevator and offers two parking spaces. The internal insulation of mineral wool and drywall improves thermal and sound insulation.
The location is in a district with good infrastructure and access to city amenities, suitable for families.
The property is suitable for people seeking a comfortable and practical home with modern conveniences and good layout.
With 20% down over 20 years the monthly mortgage payment is about 1,065 €, against an expected local rent of 693 €. The rent covers 65% of it.
Source: Market statistics for 3-room apartments in Asparuhovo
Pros and cons
AI summaryPros
- functional layout
- new brick building
- elevator
- two parking spaces
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.
Is there enough daylight during the day?
Because: The advertised exposure has no southern side.
Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.
Layout
- bedroom
- bedroom
- living room
- terrace
- laundry room
- entrance hall
Amenities
- Elevator
- With Parking
Exposure
AI summaryWWest
Afternoon and evening sun
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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