SaleAt market level

3-room apartment in Mladost 1, Varna with potential for remodeling

VarnaMladost 1
Published: 1 July 2026 Updated: 1 August 2026
Sale125,900 €2,098 €/m²
Expected rent680 € /mo
Area
60 m²
Floor
1 / 8
Construction
Panel
Year
1980

Yield analysis

Good investment rating

6.5% / yr
Monthly payment559 €20% down payment · 20 yrs · 3%
Expected rent680 €at market conditions for the neighbourhood

The rent covers 122% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 15 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 at the typical price (the median) for comparable properties — 1,936 €/m² against 1,826 €/m².

3-room apartment in the Mladost 1 district, Varna, located on the first floor of a prefab panel building from 1980. The total floor area is about 60 sq m.

The layout includes a spacious living room with the possibility to create a second bedroom, a separate bedroom, a separate kitchen, bathroom and toilet in separate rooms, as well as a corridor and a basement storage room.

The building is prefab panel construction with an elevator, video surveillance, and access control. The property has standard district heating and requires renovation, allowing adaptation according to the needs of future occupants.

The location has well-developed infrastructure, close to schools, kindergartens, a polyclinic, shops, and public transport stops, providing convenience for daily life.

Suitable both as a family home and as an investment with rental potential due to its functional layout and location.

With 20% down over 20 years the monthly mortgage payment is about 559 €, against an expected local rent of 680 €. The rent covers the whole payment (122%).

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

Pros and cons

AI summary
Pros
  • functional layout
  • elevator and video surveillance
  • good location
  • potential for remodeling
Cons
  • prefab panel construction
  • needs renovation
  • ground floor

Questions for the viewing

Only on imotesa

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

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

    Because: Prefabricated panel construction.

  2. Have the risers been replaced, and when was the roof last repaired?

    Because: The building dates from 1980 — about 46 years old.

  3. Is there damp, is there enough daylight, and what is the noise like?

    Because: The property is on the first floor.

Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.

Layout

  • living room
  • bedroom
  • kitchen
  • bathroom
  • toilet
  • corridor

Amenities

  • Elevator
  • Video Surveillance
  • Access Control
  • Tax Credit Option

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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