median 1,657 €/m² for comparable properties
Rent covers ~ 94% of the payment
~ 517 €/mo rent · you top up ~ 35 €/mo
~27,000 € ABOVE MARKET
overpriced
against the median for 2-room apartments in Mladost 1 (203 properties)
Fair investment rating
The rent covers 111% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 17 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.
This apartment is priced about 27,000 € above the typical price (the median) for 2-room apartments in Mladost 1 (203 properties) — 2,234 €/m² against 1,657 €/m².
Two-room apartment with an area of 47 sq m, located in the district of Mladost 1, Varna. The property is on the seventh floor of a prefab panel block from 1970 with a total of eight floors and an elevator.
The layout includes a living room, separate kitchen, bedroom with access to a glazed terrace, corridor, bathroom with toilet, and storage room. The apartment is functional and offers everyday conveniences.
The building is prefab panel construction with maintained common areas and a new entrance door. The apartment has PVC windows, natural parquet and ceramic tiles as flooring, heating by district heating and electricity.
The location is convenient, close to Lidl and Kaufland hypermarkets, Orehcheto market, schools and kindergartens, as well as sports facilities and public transport.
The property is suitable for living or investment given the good location and functional layout.
With 20% down over 20 years the monthly mortgage payment is about 466 €, against an expected local rent of 517 €. The rent covers the whole payment (111%).
Source: Market statistics for 2-room apartments in Mladost 1
Derived 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 1970 — about 56 years old.
Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.
Maximum sunlight throughout the day
The exact address hasn't been published by the seller — the map shows the neighbourhood.
median 1,657 €/m² for comparable properties
Rent covers ~ 94% of the payment
~ 517 €/mo rent · you top up ~ 35 €/mo
median 2,344 €/m² for comparable properties
Rent covers ~ 98% of the payment
~ 522 €/mo rent · you top up ~ 10 €/mo
median 1,657 €/m² for comparable properties
Rent covers ~ 78% of the payment
~ 517 €/mo rent · you top up ~ 144 €/mo
median 1,657 €/m² for comparable properties
Rent covers ~ 109% of the payment
~ 517 €/mo rent · pays for itself in ~ 17 yrs
median 1,657 €/m² for comparable properties
Rent covers ~ 113% of the payment
~ 517 €/mo rent · pays for itself in ~ 17 yrs
median 1,829 €/m² for comparable properties
Rent covers ~ 67% of the payment
~ 680 €/mo rent · you top up ~ 338 €/mo
median 1,657 €/m² for comparable properties
Rent covers ~ 105% of the payment
~ 517 €/mo rent · pays for itself in ~ 18 yrs
median 1,829 €/m² for comparable properties
Rent covers ~ 93% of the payment
~ 680 €/mo rent · you top up ~ 52 €/mo