+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
Sale116,990 €1,193 €/m²
Expected rent693 € /mo
~35,000 € BELOW MARKET
good value
against the median for 3-room apartments in Asparuhovo (209 properties)
Area
98 m²
Floor
2 / 5
Construction
Brick
Year
2027
Yield analysis
Good investment rating
Monthly payment519 €20% down payment · 20 yrs · 3%
Expected rent693 €at market conditions for the neighbourhood
The rent covers 134% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 14 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 35,000 € below the typical price (the median) for 3-room apartments in Asparuhovo (209 properties) — 1,193 €/m² against 1,549 €/m².
3-room apartment in Varna, Asparuhovo district, located on the second floor of a new brick building from 2027.
The layout includes two bedrooms with an area between 13 and 15 sq m, a spacious living area of 28 sq m, and a terrace.
The building has an elevator, parking, and security, with quality materials and joinery used.
The location is in a residential district with good infrastructure and parking options.
The property is suitable for families seeking a spacious and functional home with amenities and a modern building.
With 20% down over 20 years the monthly mortgage payment is about 519 €, against an expected local rent of 693 €. The rent covers the whole payment (134%).
Source: Market statistics for 3-room apartments in Asparuhovo
Pros and cons
AI summaryPros
- new-build
- functional layout
- terrace
- elevator
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.
Why is this priced below comparable properties? Is there anything that could affect the sale?
Because: The price per m² is about 23% below the average for comparable properties.
Has Act 16 been issued, and what guarantees cover the common parts?
Because: The building dates from 2027.
Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.
Layout
- bedroom 13-15 sq m
- bedroom 13-15 sq m
- living room 28 sq m
Amenities
- Elevator
- With Parking
- Security
- Renovated
Details
- Category
- Residential
- Rooms
- 3
- Bathrooms
- 1
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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