Sale

Three-room apartment with terrace in Mladost 1, Varna

VarnaMladost 1
Published: 6 June 2026 Updated: 21 September 2026
Sale139,000 €2,316 €/m²
Expected rent680 € /mo

~29,500 € ABOVE MARKET

overpriced

against the median for 3-room apartments in Mladost 1 (131 properties)

Area
60 m²
Floor
5 / 8
Construction
Panel
Year
1980

Yield analysis

Fair investment rating

5.9% / yr
Monthly payment617 €20% down payment · 20 yrs · 3%
Expected rent680 €at market conditions for the neighbourhood

The rent covers 110% 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.

Price history

1 change since listing▼ 2.1% · 3,000 €
  1. 142,000 €6 June 2026Initial price
  2. 139,000 €▼ 3,000 € (2.1%) 21 September 2026Price reducedCurrent

Property analysis

This apartment is priced about 29,500 € above the typical price (the median) for 3-room apartments in Mladost 1 (131 properties) — 2,316 €/m² against 1,826 €/m².

Three-room apartment in Varna city, Mladost 1 district, near the Ice Rink.

The layout includes an entrance hall, two bedrooms, kitchen with terrace, bathroom and toilet in separate rooms, storage room and basement. One of the bedrooms has a large terrace with a view.

The property is in a prefab panel block from 1980, on the 5th of 8 floors, with elevator and access control. Partially renovated with new window frames, painting and updated bathroom and toilet.

The location is convenient, close to kindergartens, schools, sports complex, hypermarkets and public transport stops. There is free parking available.

The property is suitable for families looking for functional layout and amenities in a well-developed area.

With 20% down over 20 years the monthly mortgage payment is about 617 €, against an expected local rent of 680 €. The rent covers the whole payment (110%).

The asking price has fallen by 3,000 € (2.1%) since it was first listed.

Source: Market statistics for 3-room apartments in Mladost 1

Pros and cons

AI summary
Pros
  • functional layout
  • terrace with view
  • elevator
  • close to schools and kindergartens
Cons
  • prefab panel construction
  • partial renovation

Questions for the viewing

Only on imotesa

Derived from this specific property's data — not a generic checklist. Take them with you.

  1. Is there still room to negotiate?

    Because: The price has been cut once, by about 2%.

  2. Has the block been insulated under the renovation programme, and is there paperwork for it?

    Because: Prefabricated panel construction.

  3. 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.

Layout

  • entrance hall
  • bedroom
  • bedroom
  • kitchen
  • bathroom
  • toilet

Amenities

  • Elevator
  • Access Control

Exposure

AI summary
SSouth

Maximum sunlight throughout the day

NNorth

Even light, cooler during summer

Details

Category
Residential
Rooms
3
Bathrooms
2

Approximate location

The exact address hasn't been published by the seller — the map shows the neighbourhood.

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