Sale

Three-room apartment with a view of Varna Lake in Mladost 1

VarnaMladost 1
Published: 5 May 2026 Updated: 9 September 2026
Sale154,990 €2,583 €/m²
Expected rent680 € /mo

~45,000 € ABOVE MARKET

overpriced

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

Area
60 m²
Floor
7 / 8
Construction
Panel
Year
1980

Yield analysis

Fair investment rating

5.3% / yr
Monthly payment688 €20% down payment · 20 yrs · 3%
Expected rent680 €at market conditions for the neighbourhood

The rent covers 99% of the payment — you top up about 8 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 19 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 about 45,000 € above the typical price (the median) for 3-room apartments in Mladost 1 (131 properties) — 2,583 €/m² against 1,829 €/m².

The apartment is located in the city of Varna, Mladost 1 district, on the seventh floor of an eight-storey prefab panel building. The layout includes three separate rooms – living room, bedroom, and kitchen, providing convenience and functionality. The building was constructed in 1980 and has an elevator, and the apartment has been renovated and furnished with modern materials. The location offers a direct view of Varna Lake and is close to urban infrastructure. The property is suitable for those seeking a move-in ready home with good city accessibility.

With 20% down over 20 years the monthly mortgage payment is about 688 €, against an expected local rent of 680 €. The rent covers 99% of it.

This property is advertised in 6 offers from 6 different sellers. The gap between the cheapest and the dearest is 4,910 €. It has been listed for 150 days.

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

Pros and cons

AI summary
Pros
  • functional layout
  • elevator
  • direct lake view
  • move-in ready
Cons
  • prefab panel construction
  • seventh floor

Questions for the viewing

Only on imotesa

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

  1. Which price is the real one, and who am I negotiating with?

    Because: The property appears in 6 listings, and the prices differ by about 3%.

  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

  • living room
  • bedroom
  • kitchen

Amenities

  • Elevator
  • Renovated

Exposure

AI summary
SSouth

Maximum sunlight throughout the day

Details

Category
Residential
Rooms
3
Furnishing
Yes

Approximate location

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

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