median 1,985 €/m² for comparable properties
Rent covers ~ 110% of the payment
~ 622 €/mo rent · pays for itself in ~ 17 yrs
AT MARKET LEVEL
fairly priced
against the median for 3-room apartments in Mladost 2 (63 properties)
Fair investment rating
The rent covers 109% 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 (63 properties) — 2,148 €/m² against 1,985 €/m².
Three-room apartment in Varna city, Mladost 2 district, located on the seventh floor of an eight-storey building.
The layout includes a living room, bedroom, kitchen, storage room, bathroom, separate toilet and two glazed terraces, providing functionality and convenience.
The building is brick from 1980, with an elevator, PVC windows and internal thermal insulation, but the apartment needs renovation.
The location is convenient, close to schools, kindergartens, a medical center, supermarkets and public transport.
The property is suitable for family living or investment, offering a balanced combination of amenities and location.
With 20% down over 20 years the monthly mortgage payment is about 572 €, against an expected local rent of 622 €. The rent covers the whole payment (109%).
The asking price has fallen by 4,100 € (3.1%) since it was first listed.
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.
Is there still room to negotiate?
Because: The price has been cut once, by about 3%.
What is the scope of the work, and are there hidden problems with the wiring or plumbing?
Because: The listing states that the property needs renovation.
Have the risers been replaced, and when was the roof last repaired?
Because: The building dates from 1980 — about 46 years old.
Is there enough daylight during the day?
Because: The advertised exposure has no southern side.
Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.
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The exact address hasn't been published by the seller — the map shows the neighbourhood.
median 1,985 €/m² for comparable properties
Rent covers ~ 110% of the payment
~ 622 €/mo rent · pays for itself in ~ 17 yrs
median 2,031 €/m² for comparable properties
Rent covers ~ 91% of the payment
~ 463 €/mo rent · you top up ~ 47 €/mo
median 2,031 €/m² for comparable properties
Rent covers ~ 72% of the payment
~ 463 €/mo rent · you top up ~ 180 €/mo
median 1,985 €/m² for comparable properties
Rent covers ~ 62% of the payment
~ 622 €/mo rent · you top up ~ 376 €/mo
median 1,985 €/m² for comparable properties
Rent covers ~ 60% of the payment
~ 622 €/mo rent · you top up ~ 407 €/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 2,031 €/m² for comparable properties
Rent covers ~ 99% of the payment
~ 463 €/mo rent · you top up ~ 3 €/mo