median 2,046 €/m² for comparable properties
Rent covers ~ 91% of the payment
~ 465 €/mo rent · you top up ~ 45 €/mo
~27,000 € ABOVE MARKET
overpriced
against the median for 2-room apartments in Mladost 2 (82 properties)
Low investment rating
The rent covers 70% of the payment — you top up about 201 €/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 27,000 € above the typical price (the median) for 2-room apartments in Mladost 2 (82 properties) — 2,500 €/m² against 2,046 €/m².
Two-room apartment with an area of 60 sq m, located in the district of Mladost 2, Varna. The property is on the third floor of a prefab panel block from 1980 with an elevator and controlled access.
The layout includes a living room with kitchenette and access to a terrace, a bedroom with a terrace, a bathroom with toilet, an office (storage room), and a corridor. The apartment has two terraces with PVC windows and thermal insulation.
The dwelling has undergone full renovation, including new triple-glazed windows, quality parquet and laminate flooring, replaced plumbing pipes, and an updated bathroom with suspended ceiling and built-in lighting. There are two air conditioners and a new boiler.
The building has maintained common areas, new PVC windows in the stairwell, and an entrance with chip access. The location is well connected, close to shops, kindergarten, school, park, and bus stop.
The property is suitable for living or investment, offering convenience and functional layout in an urban environment.
With 20% down over 20 years the monthly mortgage payment is about 666 €, against an expected local rent of 465 €. The rent covers 70% 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 63 days.
Source: Market statistics for 2-room apartments in Mladost 2
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.
Maximum sunlight throughout the day
Even light, cooler during summer
The exact address hasn't been published by the seller — the map shows the neighbourhood.
median 2,046 €/m² for comparable properties
Rent covers ~ 91% of the payment
~ 465 €/mo rent · you top up ~ 45 €/mo
median 2,046 €/m² for comparable properties
Rent covers ~ 72% of the payment
~ 465 €/mo rent · you top up ~ 178 €/mo
median 1,985 €/m² for comparable properties
Rent covers ~ 110% of the payment
~ 622 €/mo rent · pays for itself in ~ 17 yrs
median 1,985 €/m² for comparable properties
Rent covers ~ 122% of the payment
~ 622 €/mo rent · pays for itself in ~ 15 yrs
median 2,046 €/m² for comparable properties
Rent covers ~ 100% of the payment
~ 465 €/mo rent · pays for itself in ~ 19 yrs
median 1,985 €/m² for comparable properties
Rent covers ~ 108% of the payment
~ 622 €/mo rent · pays for itself in ~ 17 yrs
median 1,985 €/m² for comparable properties
Rent covers ~ 90% of the payment
~ 622 €/mo rent · you top up ~ 66 €/mo
median 1,985 €/m² for comparable properties
Rent covers ~ 122% of the payment
~ 622 €/mo rent · pays for itself in ~ 15 yrs