+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
Sale177,900 €1,872 €/m²
Expected rent693 € /mo
~30,500 € ABOVE MARKET
overpriced
against the median for 3-room apartments in Asparuhovo (209 properties)
Area
95 m²
Floor
4 / 5
Construction
Brick
Year
2000
Yield analysis
Fair investment rating
Monthly payment789 €20% down payment · 20 yrs · 3%
Expected rent693 €at market conditions for the neighbourhood
The rent covers 88% of the payment — you top up about 96 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 21 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▼ 1.7% · 3,000 €
- 178,000 €
- 175,000 €▼ 3,000 € (1.7%)
Property analysis
This apartment is priced about 30,500 € above the typical price (the median) for 3-room apartments in Asparuhovo (209 properties) — 1,872 €/m² against 1,549 €/m².
Three-room apartment in the city of Varna, Asparuhovo district, located on the 4th floor of 5 in a brick building.
The layout includes a spacious kitchen with dining area and living room, two bedrooms with access to a terrace, L-shaped corridor, second terrace, bathroom and separate toilet.
The building was constructed in 2000, without an elevator, with controlled access and has been renovated. The property is furnished and ready to move in.
The location is convenient, close to a school, park, beach, shops and public transport stops.
Suitable for family living or investment with good functionality and amenities.
With 20% down over 20 years the monthly mortgage payment is about 789 €, against an expected local rent of 693 €. The rent covers 88% of it.
The asking price has fallen by 3,000 € (1.7%) since it was first listed.
Source: Market statistics for 3-room apartments in Asparuhovo
Pros and cons
AI summaryPros
- functional layout
- two terraces
- furnished
- close to park
Cons
- no elevator
Questions for the viewing
Only on imotesaDerived from this specific property's data — not a generic checklist. Take them with you.
Is there still room to negotiate?
Because: The price has been cut once, by about 2%.
Is there a lift in the building, and what condition is it in?
Because: The property is on floor 4 and the listing does not mention a lift.
Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.
Layout
- kitchen
- dining area
- living room
- bedroom
- bedroom
Amenities
- 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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