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 112% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 17 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) — 1,711 €/m² against 1,829 €/m².
Three-room apartment in Varna city, Mladost 1 district, located on the first floor of a five-storey prefab panel building. The layout includes an entrance hall, two rooms, separate kitchen, dining room, bathroom with WC and an additional WC, as well as a large terrace. The building has an elevator and well-maintained common areas, and the apartment offers the opportunity for renovation according to the needs of the new owners. The area is well connected with proximity to shops, schools, playgrounds and convenient public transport. The property is suitable both as a family home and as an investment for rental purposes.
With 20% down over 20 years the monthly mortgage payment is about 607 €, against an expected local rent of 680 €. The rent covers the whole payment (112%).
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.
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.
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