Sale

Three-room apartment with two terraces in Mladost 1, Varna

VarnaMladost 1
Published: 4 August 2026 Updated: 30 September 2026
Sale145,500 €1,711 €/m²
Expected rent695 € /mo

AT MARKET LEVEL

fairly priced

against the median for 3-room apartments in Mladost 1 (130 properties)

Area
85 m²
Floor
3 / 8
Construction
Panel
Year
1970

Yield analysis

Fair investment rating

5.7% / yr
Monthly payment646 €20% down payment · 20 yrs · 3%
Expected rent695 €at market conditions for the neighbourhood

The rent covers 108% 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.

Price history

1 change since listing▼ 8.4% · 13,400 €
  1. 158,900 €4 August 2026Initial price
  2. 145,500 €▼ 13,400 € (8.4%) 1 September 2026Price reducedCurrent

Property analysis

This apartment is priced at the typical price (the median) for 3-room apartments in Mladost 1 (130 properties) — 1,711 €/m² against 1,834 €/m².

Three-room apartment in Varna city, Mladost 1 district, located on the third floor of a prefab panel building from 1970 with an elevator.

The property has a living room with separate kitchen, two bedrooms and two balconies, providing additional space and access to natural light.

The building is prefab panel, with maintained common areas and access control, but the apartment is in need of full renovation.

The area is quiet and well-served with multiple public transport stops, schools, kindergartens and green spaces nearby.

The property is suitable for a family seeking a functional layout and convenient urban location with the possibility to renovate according to personal preferences.

With 20% down over 20 years the monthly mortgage payment is about 646 €, against an expected local rent of 695 €. The rent covers the whole payment (108%).

The asking price has fallen by 13,400 € (8.4%) since it was first listed.

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

Pros and cons

AI summary
Pros
  • functional layout
  • southern aspect
  • elevator
  • close to park
Cons
  • prefab panel construction
  • in need of full renovation

Questions for the viewing

Only on imotesa

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

  1. Is there still room to negotiate?

    Because: The price has been cut once, by about 8%.

  2. Has the block been insulated under the renovation programme, and is there paperwork for it?

    Because: Prefabricated panel construction.

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

    Because: The building dates from 1970 — about 56 years old.

Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.

Layout

  • living room (16.5 sq m)
  • kitchen (9.2 sq m)
  • bedroom (11.8 sq m)
  • bedroom (12.4 sq m)
  • corridor (10 sq m)
  • storage room (2.4 sq m)

Amenities

  • Elevator

Exposure

AI summary
SSouth

Maximum sunlight throughout the day

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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