At market level
median 1,657 €/m² for comparable properties
124,500 € 1,729 €/m²
Rent covers ~ 94% of the payment
~ 517 €/mo rent · you top up ~ 35 €/mo
Sale85,000 €1,888 €/m²
Expected rent599 € /mo
~8,000 € ABOVE MARKET
above market
against the median for apartments in Mladost 1 (359 properties)
Area
45 m²
Floor
5 / 7
Construction
Panel
Year
1980
Yield analysis
Strong investment rating
Monthly payment377 €20% down payment · 20 yrs · 3%
Expected rent599 €at market conditions for the neighbourhood
The rent covers 159% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 12 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 8,000 € above the typical price (the median) for apartments in Mladost 1 (359 properties) — 1,888 €/m² against 1,707 €/m².
One-room apartment in Varna city, Mladost 1 district, near Furniture Palace.
The layout includes a large room divided into bedroom and living room with kitchenette, laundry room (storage), glazed terrace, bathroom and toilet.
The building is prefab panel from 1980, the apartment is located on the 5th floor of 7 with available elevator. The property is in very good condition and fully furnished.
The location is convenient, close to commercial facilities and urban infrastructure, providing easy access to services and transport.
Suitable for a single person or couple looking for a functional home with good location and amenities.
With 20% down over 20 years the monthly mortgage payment is about 377 €, against an expected local rent of 599 €. The rent covers the whole payment (159%).
Pros and cons
AI summaryPros
- functional layout
- elevator
- glazed terrace
- good condition
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.
Has the block been insulated under the renovation programme, and is there paperwork for it?
Because: Prefabricated panel construction.
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.
Layout
- room
Amenities
- Elevator
Details
- Category
- Residential
- Rooms
- 1
- 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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