At market level
median 1,985 €/m² for comparable properties
127,000 € 2,116 €/m²
Rent covers ~ 110% of the payment
~ 622 €/mo rent · pays for itself in ~ 17 yrs
Sale150,000 €3,191 €/m²
Expected rent463 € /mo
~54,500 € ABOVE MARKET
overpriced
against the median for 2-room apartments in Mladost 2 (81 properties)
Area
47 m²
Floor
3 / 8
Construction
Panel
Yield analysis
Low investment rating
Monthly payment666 €20% down payment · 20 yrs · 3%
Expected rent463 €at market conditions for the neighbourhood
The rent covers 70% of the payment — you top up about 203 €/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 54,500 € above the typical price (the median) for 2-room apartments in Mladost 2 (81 properties) — 3,191 €/m² against 2,031 €/m².
Two-room apartment in Varna city, Mladost 2 district, located on the 3rd floor of a prefab panel building with an elevator.
The layout includes a living room with kitchen area and access to a terrace, a bedroom with a second terrace, a bathroom, corridor, and a converted storage room used as a small office.
The building is prefab panel, and the apartment is internal, which provides good thermal insulation and low heating costs. There is controlled access and an elevator.
The district offers abundant greenery, amenities such as schools, kindergartens, supermarkets, and good public transport.
The property is suitable for a family or for people working remotely, combining functionality and convenience in an urban environment.
With 20% down over 20 years the monthly mortgage payment is about 666 €, against an expected local rent of 463 €. The rent covers 70% of it.
Source: Market statistics for 2-room apartments in Mladost 2
Pros and cons
AI summaryPros
- functional layout
- two terraces
- elevator
- good location
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 imotesaDerived from this specific property's data — not a generic checklist. Take them with you.
Has the block been insulated under the renovation programme, and is there paperwork for it?
Because: Prefabricated panel construction.
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
- office
Amenities
- Elevator
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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