median 2,046 €/m² for comparable properties
Rent covers ~ 91% of the payment
~ 465 €/mo rent · you top up ~ 45 €/mo
~20,000 € ABOVE MARKET
above market
against the median for 3-room apartments in Mladost 2 (62 properties)
Fair investment rating
The rent covers 90% of the payment — you top up about 66 €/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.
This apartment is priced about 20,000 € above the typical price (the median) for 3-room apartments in Mladost 2 (62 properties) — 2,279 €/m² against 1,985 €/m².
Two-room apartment with an area of 68 sq m, located in the district of Mladost 2, Varna. The property is on the 7th floor of 8 in a prefab panel block with an elevator.
The layout includes a living room, bedroom, separate kitchen, bathroom with toilet and terrace, as well as an additional cellar of 2 sq m. The apartment has a functional layout and separate rooms.
The building was constructed in 1980, with prefab panel construction, and the apartment has external thermal insulation and updated low-consumption lighting. New electrical appliances and internet are available.
The Mladost 2 district is well developed with convenient access to urban infrastructure and parking spaces. There are green areas around the block and controlled access.
The property is suitable for living or investment, offering a balance between functionality and amenities in an urban environment.
With 20% down over 20 years the monthly mortgage payment is about 688 €, against an expected local rent of 622 €. The rent covers 90% 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 151 days.
Source: Market statistics for 3-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.
Is there enough daylight, and does damp appear? What are the heating bills like?
Because: The advertised exposure faces north only.
Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.
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