+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
Sale228,000 €2,400 €/m²
Expected rent693 € /mo
~81,000 € ABOVE MARKET
overpriced
against the median for 3-room apartments in Asparuhovo (209 properties)
Area
95 m²
Floor
4 / 5
Construction
Brick
Year
2022
Yield analysis
Low investment rating
Monthly payment1,012 €20% down payment · 20 yrs · 3%
Expected rent693 €at market conditions for the neighbourhood
The rent covers 69% of the payment — you top up about 319 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 27 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.
Price history
1 change since listing▼ 0.9% · 2,000 €
- 230,000 €
- 228,000 €▼ 2,000 € (0.9%)
Property analysis
This apartment is priced about 81,000 € above the typical price (the median) for 3-room apartments in Asparuhovo (209 properties) — 2,400 €/m² against 1,549 €/m².
The apartment is located in the district of Asparuhovo, Varna city, in a building from 2022 with a total area of 95 sq m and is situated on the 4th floor of 5.
The layout includes a spacious entrance hall, separate toilet, laundry room, bathroom with toilet, bright living room with kitchen, master and children's bedroom.
The building is brick and new, equipped with an elevator and modern amenities such as Mitsubishi air conditioning and a water purification system.
The location offers a quiet environment with a view of the forest and convenient access to urban infrastructure.
The property is suitable for family living, combining comfort and functionality in a peaceful urban setting.
With 20% down over 20 years the monthly mortgage payment is about 1,012 €, against an expected local rent of 693 €. The rent covers 69% of it.
The asking price has fallen by 2,000 € (0.9%) since it was first listed.
Source: Market statistics for 3-room apartments in Asparuhovo
Pros and cons
AI summaryPros
- functional layout
- southwest aspect
- new-build
- garage / parking space
Cons
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
Layout
- entrance hall
- toilet
- laundry room
- bathroom
- living room
- bedroom
- bedroom
Amenities
- Elevator
- With Parking
- Internet Connection
- Access Control
- Renovated
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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