At market level
median 1,657 €/m² for comparable properties
124,500 € 1,729 €/m²
Rent covers ~ 94% of the payment
~ 517 €/mo rent · you top up ~ 35 €/mo
Sale164,900 €2,536 €/m²
Expected rent680 € /mo
~46,000 € ABOVE MARKET
overpriced
against the median for 3-room apartments in Mladost 1 (131 properties)
Area
65 m²
Floor
7 / 8
Construction
Panel
Yield analysis
Fair investment rating
Monthly payment732 €20% down payment · 20 yrs · 3%
Expected rent680 €at market conditions for the neighbourhood
The rent covers 93% of the payment — you top up about 52 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 20 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 46,000 € above the typical price (the median) for 3-room apartments in Mladost 1 (131 properties) — 2,536 €/m² against 1,826 €/m².
Three-room apartment in the Mladost 1 district, Varna, near Delta Mall.
The layout includes a wide corridor, living room with kitchen and lounge area with access to a sunny terrace, two bedrooms, bathroom, and storage/laundry room.
The property is in a prefab panel block on the 7th floor of 8, with an elevator and controlled access; major renovations have been done including replacement of electrical and plumbing installations, as well as external thermal insulation.
The area offers green spaces, good infrastructure, and convenient access to public transport, schools, and retail outlets.
The property is suitable for families seeking a functional home with amenities in a well-served urban environment.
With 20% down over 20 years the monthly mortgage payment is about 732 €, against an expected local rent of 680 €. The rent covers 93% of it.
Source: Market statistics for 3-room apartments in Mladost 1
Pros and cons
AI summaryPros
- functional layout
- elevator
- controlled access
- close to schools
Cons
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
Questions for the viewing
Only on imotesaDerived from this specific property's data — not a generic checklist. Take them with you.
Has the block been insulated under the renovation programme, and is there paperwork for it?
Because: Prefabricated panel construction.
Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.
Layout
- corridor
- living room
- bedroom
- bedroom
- bathroom
- storage
Amenities
- Elevator
- With Parking
- Internet Connection
- Access Control
- Renovated
- Tax Credit Option
Details
- Category
- Residential
- Rooms
- 3
- Bathrooms
- 1
- Furnishing
- Yes
Location
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