At market level
median 1,985 €/m² for comparable properties
127,000 € 2,116 €/m²
Rent covers ~ 110% of the payment
~ 622 €/mo rent · pays for itself in ~ 17 yrs
Sale128,000 €2,133 €/m²
Expected rent622 € /mo
AT MARKET LEVEL
fairly priced
against the median for 3-room apartments in Mladost 2 (63 properties)
Area
60 m²
Floor
7 / 9
Construction
Panel
Year
1980
Yield analysis
Fair investment rating
Monthly payment568 €20% down payment · 20 yrs · 3%
Expected rent622 €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 at the typical price (the median) for 3-room apartments in Mladost 2 (63 properties) — 2,133 €/m² against 1,985 €/m².
Three-room apartment with an area of 60 sq m, located on the 7th floor in a prefab panel building in the district of Mladost 2, Varna.
The layout includes a spacious living room, bright bedroom, dining room with kitchen, two glazed terraces, bathroom, separate toilet and storage room, providing functional use of the space.
The building is prefab panel from 1980, with an elevator and parking space available, and the property features natural parquet flooring and an adjacent basement.
The district offers developed infrastructure with shops, schools and convenient public transport.
The property is suitable for family living or investment with potential for renovation and modern redesign.
With 20% down over 20 years the monthly mortgage payment is about 568 €, against an expected local rent of 622 €. The rent covers the whole payment (110%).
Source: Market statistics for 3-room apartments in Mladost 2
Pros and cons
AI summaryPros
- functional layout
- two glazed terraces
- elevator
- parking space
Cons
- prefab panel construction
- in need of renovation
Questions for the viewing
Only on imotesaDerived 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.
Layout
- living room
- bedroom
- dining room
- kitchen
- terrace
- terrace
- bathroom
- toilet
- storage room
- hallway
- basement
Amenities
- Elevator
- With Parking
- Access Control
Details
- Category
- Residential
- Rooms
- 3
- Bathrooms
- 2
- Furnishing
- Yes
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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