At market level
median 1,828 €/m² for comparable properties
375,000 € 1,820 €/m²
Rent covers ~ 105% of the payment
~ 1,748 €/mo rent · pays for itself in ~ 18 yrs
Sale280,000 €1,772 €/m²
Expected rent1,748 € /mo
AT MARKET LEVEL
fairly priced
against the median for houses in Asparuhovo (39 properties)
Area
158 m²
Land Area
203 m²
Construction
Brick
Year
2028
Yield analysis
Good investment rating
Monthly payment1,242 €20% down payment · 20 yrs · 3%
Expected rent1,748 €at market conditions for the neighbourhood
The rent covers 141% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 13 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.
Property analysis
This house is priced at the typical price (the median) for houses in Asparuhovo (39 properties) — 1,772 €/m² against 1,828 €/m².
House with an area of 158 sq m in the district of Asparuhovo, m-ct Zelenika, Varna city. The property is part of a gated complex with access control and video surveillance.
The layout includes on the first floor a living area with access to a veranda, a storage room, a toilet, and a utility room, while the second floor contains three bedrooms and two bathrooms.
The construction is brick, planned for 2028, using modern technologies and luxury materials. The property includes two parking spaces and a designated yard.
The complex offers green areas, outdoor fitness, children's corners, and a barbecue zone, located about 10 minutes by car from Varna city center and close to Asparuhovo beach.
Suitable for families seeking a combination of urban amenities and proximity to nature.
With 20% down over 20 years the monthly mortgage payment is about 1,242 €, against an expected local rent of 1,748 €. The rent covers the whole payment (141%).
This property is advertised in 3 offers from 2 different sellers. All offers are at the same price. It has been listed for 278 days.
Pros and cons
AI summaryPros
- functional layout
- sea view
- gated complex
- parking spaces
Cons
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
Layout
- living area - 48.70 sq m
- bedroom - 15.10 sq m
- bedroom - 15.10 sq m
- bedroom - 11.30 sq m
Amenities
- With Parking
- Video Surveillance
- Access Control
- Security
- Gated Community
Exposure
AI summaryNNorth
Even light, cooler during summer
Details
- Category
- Residential
- Bathrooms
- 3
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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