+33% above market
median 2,046 €/m² for comparable properties
114,900 € 2,802 €/m²
Rent covers ~ 91% of the payment
~ 465 €/mo rent · you top up ~ 45 €/mo
Sale116,950 €2,488 €/m²
Expected rent465 € /mo
~21,000 € ABOVE MARKET
overpriced
against the median for 2-room apartments in Mladost 2 (82 properties)
Area
47 m²
Floor
1 / 5
Construction
Panel
Year
1980
Yield analysis
Fair investment rating
Monthly payment519 €20% down payment · 20 yrs · 3%
Expected rent465 €at market conditions for the neighbourhood
The rent covers 90% of the payment — you top up about 54 €/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.
Price history
15 changes since listing▼ 13.3% · 17,910 €
- 134,900 €
- 134,990 €▲ 90 € (0.1%)
- 129,900 €▼ 5,090 € (3.8%)
- 124,990 €▼ 4,910 € (3.8%)
- 124,990 €▲ 0 € (0%)
- 125,000 €▲ 10 € (0%)
- 124,950 €▼ 50 € (0%)
- 119,990 €▼ 4,960 € (4%)
- 119,990 €▲ 0 € (0%)
- 119,990 €▲ 0 € (0%)
- 118,990 €▼ 1,000 € (0.8%)
- 119,900 €▲ 910 € (0.8%)
- 116,990 €▼ 2,910 € (2.4%)
- 116,990 €▲ 0 € (0%)
- 116,950 €▼ 40 € (0%)
- 116,990 €▲ 40 € (0%)
Property analysis
This apartment is priced about 21,000 € above the typical price (the median) for 2-room apartments in Mladost 2 (82 properties) — 2,488 €/m² against 2,046 €/m².
Two-room apartment in Varna city, Mladost 2 district, located on the first floor of a five-storey prefab panel building.
The layout includes a living room with kitchen, bedroom, corridor, bathroom, and separate toilet, providing functional use of the space.
The building is prefab panel from 1980, the apartment is renovated, with basic amenities and parking nearby.
The location is convenient, with access to urban infrastructure and free parking around the block.
The property is suitable for comfortable city living or as an investment in move-in condition.
With 20% down over 20 years the monthly mortgage payment is about 519 €, against an expected local rent of 465 €. The rent covers 90% of it.
This property is advertised in 2 offers from 2 different sellers. The gap between the cheapest and the dearest is 40 €. It has been listed for 180 days. The asking price has fallen by 17,910 € (13.3%) since it was first listed.
Source: Market statistics for 2-room apartments in Mladost 2
Pros and cons
AI summaryPros
- functional layout
- renovated
- parking
- west aspect
Cons
- prefab panel construction
- ground floor
Questions for the viewing
Only on imotesaDerived from this specific property's data — not a generic checklist. Take them with you.
Is there still room to negotiate, and why has it not sold yet?
Because: The price has been cut 7 times — about 13% below the original asking price.
What feedback have previous viewers given?
Because: We have been tracking this listing for about 180 days.
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.
Layout
- living room
- bedroom
- corridor
- bathroom
- toilet
Amenities
- With Parking
- Access Control
- Renovated
- Elevator
- Internet Connection
Exposure
AI summaryWWest
Afternoon and evening sun
Details
- Category
- Residential
- Rooms
- 2
- Bathrooms
- 2
- Furnishing
- Yes
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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