−21% below market
median 1,688 €/m² for comparable properties
84,900 € 1,326 €/m²
Rent covers ~ 148% of the payment
~ 559 €/mo rent · pays for itself in ~ 13 yrs
Sale169,900 €1,867 €/m²
Expected rent578 € /mo
~24,500 € ABOVE MARKET
above market
against the median for 4-room apartments in Asparuhovo (38 properties)
Area
91 m²
Floor
5 / 9
Construction
Panel
Year
1996
Yield analysis
Fair investment rating
Monthly payment754 €20% down payment · 20 yrs · 3%
Expected rent578 €at market conditions for the neighbourhood
The rent covers 77% of the payment — you top up about 176 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 24 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 24,500 € above the typical price (the median) for 4-room apartments in Asparuhovo (38 properties) — 1,867 €/m² against 1,600 €/m².
4-room apartment in the district of Asparuhovo, Varna, with an area of 91 sq m and two terraces.
The layout includes a spacious living room with access to a terrace, an L-shaped kitchen with a second terrace, two separate bedrooms, a bathroom, a separate toilet, a laundry room, and a storage room.
The building is prefab panel, built in 1996, with an elevator and an approved insulation project that will improve energy efficiency.
The district offers a quiet environment close to a park, schools, kindergartens, shops, and transport, as well as easy access to the city centre and the beach area.
The property is suitable for family living with the possibility of modernization according to the needs of the new owners.
With 20% down over 20 years the monthly mortgage payment is about 754 €, against an expected local rent of 578 €. The rent covers 77% of it.
Source: Market statistics for 4-room apartments in Asparuhovo
Pros and cons
AI summaryPros
- two terraces
- functional layout
- elevator
- close to park
Cons
- prefab panel construction
- needs refreshing
Questions for the viewing
Only on imotesaDerived from this specific property's data — not a generic checklist. Take them with you.
Has the block been insulated under the renovation programme, and is there paperwork for it?
Because: Prefabricated panel construction.
Is there a lift in the building, and what condition is it in?
Because: The property is on floor 5 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
- living room
- kitchen
- bedroom
- bedroom
- corridor
- bathroom
- toilet
- laundry room
- storage room
Details
- Category
- Residential
- Rooms
- 4
- 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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