Sale

Bright two-room apartment with enclosed terraces in Mladost 1, Varna

VarnaMladost 1
Published: 4 February 2026 Updated: 9 September 2026
Sale169,000 €2,816 €/m²
Expected rent517 € /mo

~69,500 € ABOVE MARKET

overpriced

against the median for 2-room apartments in Mladost 1 (202 properties)

Area
60 m²
Floor
6 / 8
Construction
Panel
Year
1992
Heating
District Heating

Yield analysis

Low investment rating

3.7% / yr
Monthly payment750 €20% down payment · 20 yrs · 3%
Expected rent517 €at market conditions for the neighbourhood

The rent covers 69% of the payment — you top up about 233 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 27 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 69,500 € above the typical price (the median) for 2-room apartments in Mladost 1 (202 properties) — 2,816 €/m² against 1,658 €/m².

The offered property is a two-room apartment with an area of 60 sq m, located in the Mladost 1 district, Varna. It is situated on the 6th floor of 8 in a prefab panel building, built in 1992. The apartment includes a large living room, bedroom, kitchen with dining area, corridor, storage room, and bathroom with toilet, as well as an adjoining basement.

The dwelling is functionally laid out with enclosed terraces adjoining the living room and kitchen, which increases the usable area and provides more light. The aspect is east-west, contributing to good daylight and warmth.

The building is prefab panel but has maintained common areas and a functioning elevator. The apartment has been recently fully renovated with internal and external insulation, replaced electrical and plumbing installations, new radiators, quality PVC windows, and a modern bathroom.

The location is convenient with proximity to a sports complex, supermarkets, childcare facilities and schools, as well as a public transport stop about 100 meters away. Parking is free in the inter-block space. This makes the property suitable for comfortable city living with easy access to main amenities.

With 20% down over 20 years the monthly mortgage payment is about 750 €, against an expected local rent of 517 €. The rent covers 69% of it.

Source: Market statistics for 2-room apartments in Mladost 1

Pros and cons

AI summary
Pros
  • functional layout
  • recent full renovation
  • good location with infrastructure
  • enclosed terraces
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 imotesa

Derived from this specific property's data — not a generic checklist. Take them with you.

  1. What feedback have previous viewers given?

    Because: We have been tracking this listing for about 240 days.

  2. Has the block been insulated under the renovation programme, and is there paperwork for it?

    Because: Prefabricated panel construction.

  3. Is there enough daylight during the day?

    Because: The advertised exposure has no southern side.

Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.

Layout

  • living room (19 sq m)
  • bedroom (13 sq m)
  • kitchen with dining area (9 sq m)
  • corridor (6 sq m)
  • storage room (4 sq m)
  • bathroom with toilet (3 sq m)

Amenities

  • Elevator

Exposure

AI summary
EEast

Morning sun, cooler afternoons

WWest

Afternoon and evening sun

Details

Category
Residential
Rooms
2
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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