+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
Sale147,500 €2,731 €/m²
Expected rent465 € /mo
~37,000 € ABOVE MARKET
overpriced
against the median for 2-room apartments in Mladost 2 (82 properties)
Area
54 m²
Floor
2 / 6
Construction
Brick
Year
2022
Yield analysis
Low investment rating
Monthly payment654 €20% down payment · 20 yrs · 3%
Expected rent465 €at market conditions for the neighbourhood
The rent covers 71% of the payment — you top up about 189 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 26 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 37,000 € above the typical price (the median) for 2-room apartments in Mladost 2 (82 properties) — 2,731 €/m² against 2,046 €/m².
An apartment with two rooms, located on the second floor in a brick building from 2022 in the Mladost 2 district of Varna. The layout includes an entrance hall, living area with open kitchen, bedroom, storage room and combined bathroom, as well as two loggias. The property has a south aspect and maintained common areas in the building with controlled access and elevator. The flooring is laminated parquet and sanitary tiles, and heating is provided by inverter air conditioners. The area offers good infrastructure with schools, shops and green spaces nearby. The property is suitable both for permanent residence and for investment for rental purposes.
With 20% down over 20 years the monthly mortgage payment is about 654 €, against an expected local rent of 465 €. The rent covers 71% of it.
Source: Market statistics for 2-room apartments in Mladost 2
Pros and cons
AI summaryPros
- south aspect
- new-build
- elevator
- functional layout
Cons
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
Layout
- entrance hall
- living area
- bedroom
- storage room
Amenities
- Elevator
Exposure
AI summarySSouth
Maximum sunlight throughout the day
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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