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
Sale133,000 €1,985 €/m²
Expected rent680 € /mo
AT MARKET LEVEL
fairly priced
against the median for 3-room apartments in Mladost 1 (131 properties)
Area
67 m²
Floor
1 / 5
Construction
Panel
Yield analysis
Good investment rating
Monthly payment590 €20% down payment · 20 yrs · 3%
Expected rent680 €at market conditions for the neighbourhood
The rent covers 115% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 16 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 3-room apartments in Mladost 1 (131 properties) — 1,985 €/m² against 1,826 €/m².
Three-room apartment in the city of Varna, district Mladost 1, located on the first floor of a five-storey prefab panel building.
The layout includes a corridor, living room, kitchen with dining area, bedroom, two terraces, storage room, bathroom and separate toilet, providing convenience and functionality.
The building is prefab panel construction, and the property includes a basement storage room of 4.95 sq m. The presence of main utilities and proximity to public transport are advantages.
The district offers amenities such as schools, kindergartens and retail outlets nearby. The location is suitable for family housing with access to urban infrastructure.
The property is suitable for families seeking a functional layout and good location in an urban environment.
With 20% down over 20 years the monthly mortgage payment is about 590 €, against an expected local rent of 680 €. The rent covers the whole payment (115%).
Source: Market statistics for 3-room apartments in Mladost 1
Pros and cons
AI summaryPros
- functional layout
- two terraces
- close to transport
- basement storage
Cons
- ground floor
- prefab panel construction
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.
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
- corridor
- living room
- kitchen
- bedroom
Amenities
- 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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