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
Sale170,000 €2,500 €/m²
Expected rent517 € /mo
~57,500 € ABOVE MARKET
overpriced
against the median for 2-room apartments in Mladost 1 (203 properties)
Area
68 m²
Floor
2 / 5
Construction
Brick
Year
2024
Yield analysis
Low investment rating
Monthly payment754 €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 237 €/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 57,500 € above the typical price (the median) for 2-room apartments in Mladost 1 (203 properties) — 2,500 €/m² against 1,657 €/m².
Two-room apartment in Varna city, Mladost 1 district, located on the second floor of a brick building from 2024 with an elevator and controlled access.
The layout includes a corridor with built-in wardrobe, spacious living room with kitchenette and access to a glazed terrace, large bedroom also with access to the terrace, bathroom with toilet and storage room.
The building is new-build, with quality materials, luxury common areas and security ensured by video surveillance and access control. Heating is provided by district heating and air conditioning.
The location is convenient, close to Lidl hypermarket, public transport and main services such as schools and shops.
The property is suitable for year-round living or investment with rental potential, combining functionality and convenience in an urban environment.
With 20% down over 20 years the monthly mortgage payment is about 754 €, 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 summaryPros
- functional layout
- new-build
- elevator
- controlled access
Cons
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
Amenities
- Elevator
- Video Surveillance
- Access Control
- Renovated
- Tax Credit Option
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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