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)
Fair investment rating
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.
This apartment is priced at the typical price (the median) for 3-room apartments in Mladost 2 (62 properties) — 2,158 €/m² against 1,985 €/m².
Apartment with 3 separate rooms in the district of Mladost 2, Varna. The property is located on the 7th floor of a total of 9 in a prefab panel block from 1970 with an elevator and video surveillance.
The layout includes three separate rooms, a separate kitchen, bathroom and toilet, as well as two balconies, one of which can be adapted for additional space.
The building is prefab panel construction, maintained with basic amenities such as an elevator and a basement storage room belonging to the property.
Mladost 2 district offers good infrastructure with shops, schools and transport connections, providing convenience for daily living.
The property is suitable for family living or investment with the possibility to adapt according to the owner's needs.
With 20% down over 20 years the monthly mortgage payment is about 575 €, against an expected local rent of 622 €. The rent covers the whole payment (108%).
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 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.
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 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 ~ 100% of the payment
~ 465 €/mo rent · pays for itself in ~ 19 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