median 1,658 €/m² for comparable properties
Rent covers ~ 78% of the payment
~ 517 €/mo rent · you top up ~ 144 €/mo
~52,000 € ABOVE MARKET
overpriced
against the median for 2-room apartments in Mladost 1 (203 properties)
Low investment rating
The rent covers 71% of the payment — you top up about 215 €/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.
This apartment is priced about 52,000 € above the typical price (the median) for 2-room apartments in Mladost 1 (203 properties) — 2,425 €/m² against 1,658 €/m².
3-room apartment in the district of Mladost 1, Varna, located on the 7th floor of 8 in a prefab panel building from 1980.
The property features an L-shaped entrance hall, a large living room with day and sleeping areas, a separate bedroom, kitchen with dining area, and a terrace.
The building has an elevator, maintained common areas, and external insulation, while the apartment is renovated and furnished with new PVC windows.
The area offers green spaces, children's and sports playgrounds, parking, and convenient access to public transport and essential services.
The property is suitable for family living with good functionality and location.
With 20% down over 20 years the monthly mortgage payment is about 732 €, against an expected local rent of 517 €. The rent covers 71% of it.
This property is advertised in 2 offers, all from the same agency. All offers are at the same price. It has been listed for 117 days.
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.
Who am I negotiating with, and who is authorised to agree a price?
Because: The property appears in 2 listings at the same price.
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 1980 — about 46 years old.
Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.
The exact address hasn't been published by the seller — the map shows the neighbourhood.
median 1,658 €/m² for comparable properties
Rent covers ~ 78% of the payment
~ 517 €/mo rent · you top up ~ 144 €/mo
median 1,658 €/m² for comparable properties
Rent covers ~ 109% of the payment
~ 517 €/mo rent · pays for itself in ~ 17 yrs
median 1,658 €/m² for comparable properties
Rent covers ~ 105% of the payment
~ 517 €/mo rent · pays for itself in ~ 18 yrs
median 1,834 €/m² for comparable properties
Rent covers ~ 85% of the payment
~ 695 €/mo rent · you top up ~ 126 €/mo
median 1,834 €/m² for comparable properties
Rent covers ~ 104% of the payment
~ 695 €/mo rent · pays for itself in ~ 18 yrs
median 1,834 €/m² for comparable properties
Rent covers ~ 87% of the payment
~ 695 €/mo rent · you top up ~ 104 €/mo
median 1,658 €/m² for comparable properties
Rent covers ~ 80% of the payment
~ 517 €/mo rent · you top up ~ 126 €/mo
median 1,658 €/m² for comparable properties
Rent covers ~ 83% of the payment
~ 517 €/mo rent · you top up ~ 104 €/mo