+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
Sale149,000 €2,159 €/m²
Expected rent572 € /mo
~38,000 € ABOVE MARKET
overpriced
against the median for apartments in Asparuhovo (539 properties)
Area
69 m²
Floor
4 / 6
Construction
Brick
Year
2018
Yield analysis
Fair investment rating
Monthly payment661 €20% down payment · 20 yrs · 3%
Expected rent572 €at market conditions for the neighbourhood
The rent covers 87% of the payment — you top up about 89 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 22 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 38,000 € above the typical price (the median) for apartments in Asparuhovo (539 properties) — 2,159 €/m² against 1,611 €/m².
The offered property is a two-room apartment with an area of 69 sq m, located in the South Bay Beach Residence complex in the Asparuhovo district of Varna. The layout includes a living room with a kitchen area, bedroom, bathroom with toilet, and a terrace with sea view. The apartment is situated on the fourth floor of a six-storey building with an elevator. The construction is brick from 2018, with all necessary amenities such as access control and parking. The complex is located on the first line by the sea and offers direct access to the beach, as well as green areas and recreational zones. The location combines tranquility and proximity to the center of Varna, accessible within about 10-15 minutes by car. The property is suitable for year-round living or investment for rental purposes.
With 20% down over 20 years the monthly mortgage payment is about 661 €, against an expected local rent of 572 €. The rent covers 87% of it.
Pros and cons
AI summaryPros
- sea view
- access control
- parking
- new-build
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.
What feedback have previous viewers given?
Because: We have been tracking this listing for about 209 days.
Is there enough daylight during the day?
Because: The advertised exposure has no southern side.
Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.
Layout
- living room
- bedroom
- bathroom
Amenities
- Elevator
- With Parking
- Access Control
- Gated Community
Exposure
AI summaryEEast
Morning sun, cooler afternoons
Details
- Category
- Residential
- Bathrooms
- 1
- Furnishing
- Yes
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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