median 2,046 €/m² for comparable properties
Rent covers ~ 72% of the payment
~ 465 €/mo rent · you top up ~ 178 €/mo
AT MARKET LEVEL
fairly priced
against the median for 3-room apartments in Mladost 2 (62 properties)
Good investment rating
The rent covers 122% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 15 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 2 (62 properties) — 1,916 €/m² against 1,985 €/m².
Apartment with three separate rooms, located in the district of Mladost 2, Varna. The property is on the seventh floor of a total of nine in a prefab panel building from 1980 with an elevator and controlled access.
The layout includes a living room, two bedrooms, kitchen, pantry, bathroom, toilet and two terraces, providing good functionality and the possibility for separate zones.
The building is renovated and has external insulation, while the apartment is in need of renovation. District heating is available and the entrance is maintained.
The location offers amenities such as proximity to a school, kindergarten, medical center, large grocery stores and public transport stops.
The property is suitable for family living with a balanced combination of functionality and urban environment.
With 20% down over 20 years the monthly mortgage payment is about 510 €, against an expected local rent of 622 €. The rent covers the whole payment (122%).
Source: Market statistics for 3-room apartments in Mladost 2
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.
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
Even light, cooler during summer
The exact address hasn't been published by the seller — the map shows the neighbourhood.
median 2,046 €/m² for comparable properties
Rent covers ~ 72% of the payment
~ 465 €/mo rent · you top up ~ 178 €/mo
median 1,985 €/m² for comparable properties
Rent covers ~ 110% of the payment
~ 622 €/mo rent · pays for itself in ~ 17 yrs
median 2,046 €/m² for comparable properties
Rent covers ~ 100% of the payment
~ 465 €/mo rent · pays for itself in ~ 19 yrs
median 1,985 €/m² for comparable properties
Rent covers ~ 108% of the payment
~ 622 €/mo rent · pays for itself in ~ 17 yrs
median 1,985 €/m² for comparable properties
Rent covers ~ 90% of the payment
~ 622 €/mo rent · you top up ~ 66 €/mo
median 1,985 €/m² for comparable properties
Rent covers ~ 122% of the payment
~ 622 €/mo rent · pays for itself in ~ 15 yrs
median 2,046 €/m² for comparable properties
Rent covers ~ 94% of the payment
~ 465 €/mo rent · you top up ~ 31 €/mo
median 1,985 €/m² for comparable properties
Rent covers ~ 122% of the payment
~ 622 €/mo rent · pays for itself in ~ 15 yrs