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
Sale110,000 €2,340 €/m²
Expected rent517 € /mo
~32,000 € ABOVE MARKET
overpriced
against the median for 2-room apartments in Mladost 1 (203 properties)
Area
47 m²
Floor
2 / 5
Construction
Panel
Yield analysis
Fair investment rating
Monthly payment488 €20% down payment · 20 yrs · 3%
Expected rent517 €at market conditions for the neighbourhood
The rent covers 106% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 18 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.
Price history
1 change since listing▼ 4.3% · 5,000 €
- 115,000 €
- 110,000 €▼ 5,000 € (4.3%)
Property analysis
This apartment is priced about 32,000 € above the typical price (the median) for 2-room apartments in Mladost 1 (203 properties) — 2,340 €/m² against 1,657 €/m².
Two-room apartment with an area of 47 sq m, located in the district of Mladost 1 in the city of Varna.
The property has a south aspect and includes a kitchen with dining area, a room, and a bathroom with toilet, as well as a terrace in front of the room.
The building is prefab panel, built in 1985, on the second floor of a five-storey building, with basic utilities.
The district offers convenient access to public transport, shops, schools, and other daily amenities.
The property is suitable for living or investment due to its functional layout and location.
With 20% down over 20 years the monthly mortgage payment is about 488 €, against an expected local rent of 517 €. The rent covers the whole payment (106%).
The asking price has fallen by 5,000 € (4.3%) since it was first listed.
Source: Market statistics for 2-room apartments in Mladost 1
Pros and cons
AI summaryPros
- south aspect
- functional layout
- terrace
- good infrastructure
Cons
- prefab panel construction
Questions for the viewing
Only on imotesaDerived from this specific property's data — not a generic checklist. Take them with you.
Is there still room to negotiate?
Because: The price has been cut once, by about 4%.
Has the block been insulated under the renovation programme, and is there paperwork for it?
Because: Prefabricated panel construction.
Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.
Layout
- kitchen
- room
- bathroom
Exposure
AI summarySSouth
Maximum sunlight throughout the day
Details
- Category
- Residential
- Rooms
- 2
- Bathrooms
- 1
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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