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
Sale130,000 €2,166 €/m²
Expected rent517 € /mo
~30,500 € ABOVE MARKET
overpriced
against the median for 2-room apartments in Mladost 1 (203 properties)
Area
60 m²
Floor
1 / 5
Construction
Brick
Yield analysis
Fair investment rating
Monthly payment577 €20% down payment · 20 yrs · 3%
Expected rent517 €at market conditions for the neighbourhood
The rent covers 90% of the payment — you top up about 60 €/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.
Property analysis
This apartment is priced about 30,500 € above the typical price (the median) for 2-room apartments in Mladost 1 (203 properties) — 2,166 €/m² against 1,657 €/m².
Two-room apartment in the district of Mladost 1, Varna, near Grand Mall.
The layout includes an entrance hall, living room with kitchen area, bedroom and shared terrace, providing functional use of the space.
The property is in a brick building with an elevator and is on the first floor of five. It has Act 16, which guarantees completion and usability.
The location is convenient with proximity to public transport stops, shops and other amenities, suitable for urban living.
The apartment is suitable for people seeking a practical home with a good location and conveniences in an urban environment.
With 20% down over 20 years the monthly mortgage payment is about 577 €, against an expected local rent of 517 €. The rent covers 90% of it.
This property is advertised in 2 offers, all from the same agency. The gap between the cheapest and the dearest is 15,000 €. It has been listed for 270 days.
Source: Market statistics for 2-room apartments in Mladost 1
Pros and cons
AI summaryPros
- functional layout
- elevator
- close to transport
- terrace
Cons
- ground floor
Questions for the viewing
Only on imotesaDerived from this specific property's data — not a generic checklist. Take them with you.
Which price is the real one, and who am I negotiating with?
Because: The property appears in 2 listings, and the prices differ by about 10%.
What feedback have previous viewers given?
Because: We have been tracking this listing for about 270 days.
Is there damp, is there enough daylight, and what is the noise like?
Because: The property is on the first floor.
Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.
Layout
- living room
- bedroom
Amenities
- Elevator
- With Parking
- Access Control
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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