Sale

3-room apartment in Mladost 1, Varna with terrace

VarnaMladost 1
Published: 9 July 2026 Updated: 7 September 2026
Sale95,000 €1,338 €/m²
Expected rent680 € /mo

~35,000 € BELOW MARKET

good value

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

Area
71 m²
Floor
4 / 4
Construction
PK
Year
1920

Yield analysis

Strong investment rating

8.6% / yr
Monthly payment421 €20% down payment · 20 yrs · 3%
Expected rent680 €at market conditions for the neighbourhood

The rent covers 161% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 12 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▼ 4% · 4,000 €
  1. 99,000 €15 August 2026Initial price
  2. 95,000 €▼ 4,000 € (4%) 29 August 2026Price reducedCurrent

Property analysis

This apartment is priced about 35,000 € below the typical price (the median) for 3-room apartments in Mladost 1 (131 properties) — 1,338 €/m² against 1,829 €/m².

3-room apartment in the city of Varna, district Mladost 1, located on the top floor. The property has a total area of 71 sq m and is in a building from 1920, prefab panel construction.

With 20% down over 20 years the monthly mortgage payment is about 421 €, against an expected local rent of 680 €. The rent covers the whole payment (161%).

The asking price has fallen by 4,000 € (4%) since it was first listed.

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

Pros and cons

AI summary
Pros
  • terrace
  • separate kitchen
Cons
  • top floor
  • walk-through rooms
  • no elevator

Questions for the viewing

Only on imotesa

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

  1. Why is this priced below comparable properties? Is there anything that could affect the sale?

    Because: The price per m² is about 27% below the average for comparable properties.

  2. Is there still room to negotiate?

    Because: The price has been cut once, by about 4%.

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

    Because: The building dates from 1920 — about 106 years old.

  4. What condition is the roof in, and does it overheat in summer?

    Because: The property is on the top floor.

  5. Is there a lift in the building, and what condition is it in?

    Because: The property is on floor 4 and the listing does not mention a lift.

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
  • WC

Details

Category
Residential
Rooms
3
Bathrooms
1

Approximate location

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

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