Sale

4-bedroom apartment in Varna, Asparuhovo

VarnaAsparuhovo
Published: 6 December 2024 Updated: 6 December 2024
Sale135,000 €1,406 €/m²
Expected rent578 € /mo

~18,500 € BELOW MARKET

good value

against the median for 4-room apartments in Asparuhovo (38 properties)

Area
96 m²
Floor
5 / 5
Construction
Panel
Year
1980

Yield analysis

Fair investment rating

5.1% / yr
Monthly payment599 €20% down payment · 20 yrs · 3%
Expected rent578 €at market conditions for the neighbourhood

The rent covers 96% of the payment — you top up about 21 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 19 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 18,500 € below the typical price (the median) for 4-room apartments in Asparuhovo (38 properties) — 1,406 €/m² against 1,600 €/m².

With 20% down over 20 years the monthly mortgage payment is about 599 €, against an expected local rent of 578 €. The rent covers 96% of it.

Source: Market statistics for 4-room apartments in Asparuhovo

Questions for the viewing

Only on imotesa

Derived from this specific property's data — not a generic checklist. Take them with you.

  1. Why is this priced below comparable properties? Is there anything that could affect the sale?

    Because: The price per m² is about 12% below the average for comparable properties.

  2. What feedback have previous viewers given?

    Because: We have been tracking this listing for about 664 days.

  3. What is the scope of the work, and are there hidden problems with the wiring or plumbing?

    Because: The listing states that the property needs renovation.

  4. Has the block been insulated under the renovation programme, and is there paperwork for it?

    Because: Prefabricated panel construction.

  5. Have the risers been replaced, and when was the roof last repaired?

    Because: The building dates from 1980 — about 46 years old.

Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.

Amenities

  • Elevator
  • With Parking
  • Access Control
  • Renovated
  • Needs Renovation

Details

Category
Residential
Rooms
4
Bathrooms
2

Approximate location

The exact address hasn't been published by the seller — the map shows the neighbourhood.

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