median 1,657 €/m² for comparable properties
Rent covers ~ 94% of the payment
~ 517 €/mo rent · you top up ~ 35 €/mo
~31,000 € ABOVE MARKET
overpriced
against the median for 2-room apartments in Mladost 1 (203 properties)
Fair investment rating
The rent covers 90% of the payment — you top up about 55 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 21 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 31,000 € above the typical price (the median) for 2-room apartments in Mladost 1 (203 properties) — 2,186 €/m² against 1,657 €/m².
Two-room apartment with an area of 59 sq m, located on the 13th floor in the Mladost 1 district, Varna. The layout includes a separate bedroom with access to the terrace and a spacious living room with a kitchenette and dining table. The apartment is in a building with an elevator and controlled access, featuring PVC windows and high-quality doors. The location is well-connected, close to supermarkets, schools, kindergartens, and public transport stops. The property is suitable for living or renting out, offering convenience and functionality in an urban environment.
With 20% down over 20 years the monthly mortgage payment is about 572 €, against an expected local rent of 517 €. The rent covers 90% of it.
The asking price has fallen by 950 € (0.7%) since it was first listed.
Source: Market statistics for 2-room apartments in Mladost 1
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
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
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