−21% below market
median 1,313 €/m² for comparable properties
109,000 € 1,038 €/m²
Rent covers ~ 140% of the payment
~ 676 €/mo rent · pays for itself in ~ 13 yrs
Sale184,900 €2,432 €/m²
Expected rent676 € /mo
~85,000 € ABOVE MARKET
overpriced
against the median for floors of house in Asparuhovo (15 properties)
Area
76 m²
Floor
1 / 3
Construction
Brick
Year
1980
Yield analysis
Fair investment rating
Monthly payment820 €20% down payment · 20 yrs · 3%
Expected rent676 €at market conditions for the neighbourhood
The rent covers 82% of the payment — you top up about 144 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 23 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.
Property analysis
This floor of House is priced about 85,000 € above the typical price (the median) for floors of house in Asparuhovo (15 properties) — 2,432 €/m² against 1,313 €/m².
Apartment with an area of 76 sq m, located on the first floor of a three-storey brick building in the Asparuhovo district, Varna.
The layout includes a large living room with a kitchen area and dining space, two bedrooms with regular shapes, and three terraces, providing additional space and relaxation opportunities.
The building is brick, built in 1980, with renovated common areas and a full renovation of the apartment, making it ready to move in. Amenities include parking.
The location is well connected, close to public transport stops, shops, and schools, facilitating daily life.
The property is suitable for family use, combining functionality and convenience in a quiet urban environment.
With 20% down over 20 years the monthly mortgage payment is about 820 €, against an expected local rent of 676 €. The rent covers 82% of it.
Pros and cons
AI summaryPros
- functional layout
- three terraces
- renovated common areas
- parking
Cons
- ground floor
Layout
- living room
- bedroom
- bedroom
Amenities
- With Parking
Details
- Category
- Residential
- Furnishing
- Yes
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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