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
Sale139,900 €1,520 €/m²
Expected rent680 € /mo
~28,000 € BELOW MARKET
good value
against the median for 3-room apartments in Mladost 1 (131 properties)
Area
92 m²
Floor
8 / 8
Construction
Panel
Yield analysis
Fair investment rating
Monthly payment621 €20% down payment · 20 yrs · 3%
Expected rent680 €at market conditions for the neighbourhood
The rent covers 110% 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.
Property analysis
This apartment is priced about 28,000 € below the typical price (the median) for 3-room apartments in Mladost 1 (131 properties) — 1,520 €/m² against 1,826 €/m².
Apartment with three rooms and additional spaces in the district of Mladost 1, Varna city.
The layout includes a living room, kitchen with dining area, two bedrooms, two large terraces, a storage room, bathroom, toilet, and laundry room.
The building is prefab panel with an elevator and access control, and the apartment is located on the top eighth floor.
The location is convenient with proximity to shops, schools, and kindergartens, as well as free parking spaces around the block.
The property requires renovation but offers potential for creating a functional home with panoramic views.
With 20% down over 20 years the monthly mortgage payment is about 621 €, against an expected local rent of 680 €. The rent covers the whole payment (110%).
Source: Market statistics for 3-room apartments in Mladost 1
Pros and cons
AI summaryPros
- two large terraces
- elevator
- access control
- panoramic view
Cons
- top floor
- prefab panel construction
- needs renovation
Questions for the viewing
Only on imotesaDerived from this specific property's data — not a generic checklist. Take them with you.
Why is this priced below comparable properties? Is there anything that could affect the sale?
Because: The price per m² is about 17% below the average for comparable properties.
Has the block been insulated under the renovation programme, and is there paperwork for it?
Because: Prefabricated panel construction.
What condition is the roof in, and does it overheat in summer?
Because: The property is on the top floor.
Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.
Layout
- living room
- kitchen
- bedroom
- bedroom
Amenities
- Elevator
- Access Control
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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