+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
Sale209,000 €2,132 €/m²
Expected rent693 € /mo
~57,000 € ABOVE MARKET
overpriced
against the median for 3-room apartments in Asparuhovo (209 properties)
Area
98 m²
Floor
3 / 7
Construction
Brick
Yield analysis
Low investment rating
Monthly payment927 €20% down payment · 20 yrs · 3%
Expected rent693 €at market conditions for the neighbourhood
The rent covers 75% of the payment — you top up about 234 €/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 57,000 € above the typical price (the median) for 3-room apartments in Asparuhovo (209 properties) — 2,132 €/m² against 1,549 €/m².
A three-room apartment is offered in Asparuhovo district, Varna, close to the beach. The layout includes a living room with kitchen and dining area, two bedrooms, bathroom with toilet, additional toilet, and a terrace with sea view. The property is in a building with brick construction, 3rd floor of 7, with elevator and security. The complex features controlled access, video surveillance, parking, and green areas, located in a quiet area with easy access to Varna city center. The property is suitable for living or renting out, combining convenience and proximity to the sea.
With 20% down over 20 years the monthly mortgage payment is about 927 €, against an expected local rent of 693 €. The rent covers 75% of it.
Source: Market statistics for 3-room apartments in Asparuhovo
Pros and cons
AI summaryPros
- functional layout
- terrace with sea view
- controlled access
- parking
Cons
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
Layout
- living room
- bedroom
- bedroom
Amenities
- Elevator
- With Parking
- Internet Connection
- Video Surveillance
- Access Control
- Security
- Gated Community
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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