median 1,658 €/m² for comparable properties
Rent covers ~ 94% of the payment
~ 517 €/mo rent · you top up ~ 35 €/mo
AT MARKET LEVEL
fairly priced
against the median for 3-room apartments in Mladost 1 (131 properties)
Fair investment rating
The rent covers 105% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 18 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.
This apartment is priced at the typical price (the median) for 3-room apartments in Mladost 1 (131 properties) — 1,972 €/m² against 1,829 €/m².
Apartment with three rooms in Varna city, Mladost 1 district, located on the 7th floor of 8 in a prefab panel building from 1980.
Layout includes a living room with walk-through access to the kitchen nook, two bedrooms, bathroom and toilet in separate rooms, storage room, and a terrace running the full length of the apartment with access from the living room and bedroom.
The building is prefab panel construction with elevator and access control, the property is partially renovated and requires additional improvements.
The location is convenient with proximity to a bus stop, school, kindergarten, and grocery store, providing easy access to urban infrastructure.
The property is suitable for family use and offers a balance between functionality and location.
With 20% down over 20 years the monthly mortgage payment is about 648 €, against an expected local rent of 680 €. The rent covers the whole payment (105%).
Source: Market statistics for 3-room apartments in Mladost 1
Derived from this specific property's data — not a generic checklist. Take them with you.
What feedback have previous viewers given?
Because: We have been tracking this listing for about 266 days.
What is the scope of the work, and are there hidden problems with the wiring or plumbing?
Because: The listing states that the property needs renovation.
Has the block been insulated under the renovation programme, and is there paperwork for it?
Because: Prefabricated panel construction.
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.
Maximum sunlight throughout the day
The exact address hasn't been published by the seller — the map shows the neighbourhood.
median 1,658 €/m² for comparable properties
Rent covers ~ 94% of the payment
~ 517 €/mo rent · you top up ~ 35 €/mo
median 2,344 €/m² for comparable properties
Rent covers ~ 98% of the payment
~ 522 €/mo rent · you top up ~ 10 €/mo
median 1,658 €/m² for comparable properties
Rent covers ~ 110% of the payment
~ 517 €/mo rent · pays for itself in ~ 17 yrs
median 1,658 €/m² for comparable properties
Rent covers ~ 100% of the payment
~ 517 €/mo rent · pays for itself in ~ 19 yrs
median 1,829 €/m² for comparable properties
Rent covers ~ 99% of the payment
~ 680 €/mo rent · you top up ~ 8 €/mo
median 1,658 €/m² for comparable properties
Rent covers ~ 86% of the payment
~ 517 €/mo rent · you top up ~ 82 €/mo
median 1,658 €/m² for comparable properties
Rent covers ~ 79% of the payment
~ 517 €/mo rent · you top up ~ 137 €/mo
median 1,658 €/m² for comparable properties
Rent covers ~ 109% of the payment
~ 517 €/mo rent · pays for itself in ~ 17 yrs