median 1,985 €/m² for comparable properties
Rent covers ~ 110% of the payment
~ 622 €/mo rent · pays for itself in ~ 17 yrs
~36,500 € ABOVE MARKET
overpriced
against the median for 3-room apartments in Mladost 2 (131 properties)
Good investment rating
The rent covers 114% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 17 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 36,500 € above the typical price (the median) for 3-room apartments in Mladost 2 (131 properties) — 2,500 €/m² against 1,826 €/m².
The offered property is a two-room apartment with an area of 54 sq m in the Mladost 2 district, Varna. The layout includes a bright living room, kitchen, bedroom, bathroom with toilet, and balcony, providing convenient internal functionality. The apartment is located on the 13th floor of a 16-storey prefab panel building with an elevator and maintained common areas. The surroundings feature well-maintained green spaces and playgrounds, close to educational institutions, shops, and transport connections. The property is suitable for family use with good infrastructure and amenities in the area.
With 20% down over 20 years the monthly mortgage payment is about 599 €, against an expected local rent of 680 €. The rent covers the whole payment (114%).
This property is advertised in 2 offers from 2 different sellers. All offers are at the same price. It has been listed for 123 days.
Source: Market statistics for 3-room apartments in Mladost 2
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
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 1,985 €/m² for comparable properties
Rent covers ~ 110% of the payment
~ 622 €/mo rent · pays for itself in ~ 17 yrs
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~ 622 €/mo rent · you top up ~ 407 €/mo
median 1,985 €/m² for comparable properties
Rent covers ~ 110% of the payment
~ 622 €/mo rent · pays for itself in ~ 17 yrs