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
Sale155,000 €2,583 €/m²
Expected rent622 € /mo
~36,000 € ABOVE MARKET
overpriced
against the median for 3-room apartments in Mladost 2 (63 properties)
Area
60 m²
Floor
6 / 8
Construction
Panel
Year
1980
Heating
District Heating
Yield analysis
Fair investment rating
Monthly payment688 €20% down payment · 20 yrs · 3%
Expected rent622 €at market conditions for the neighbourhood
The rent covers 90% of the payment — you top up about 66 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 21 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 36,000 € above the typical price (the median) for 3-room apartments in Mladost 2 (63 properties) — 2,583 €/m² against 1,985 €/m².
Three-room apartment with an area of 60 sq m, located in the district of Mladost 2, Varna.
The property includes a kitchen area with dining room and enclosed terrace, spacious living room with enclosed terrace, bedroom, bathroom with toilet, corridor and basement. The layout allows functional reconfiguration with two bedrooms and a living room.
The apartment is in a prefab panel building from 1980, with elevator, access control, district heating and updated plumbing and electrical installations. Internal and external insulation has been done.
The location is close to Mladost Ice Rink, MC Sanita, school, supermarkets and bus stops, providing convenient access to urban infrastructure.
The property is suitable for a family seeking a functional apartment with good location and updated infrastructure.
With 20% down over 20 years the monthly mortgage payment is about 688 €, against an expected local rent of 622 €. The rent covers 90% of it.
Source: Market statistics for 3-room apartments in Mladost 2
Pros and cons
AI summaryPros
- functional layout
- elevator
- updated installations
- district heating
Cons
- prefab panel block
- sixth floor
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
- kitchen
- dining room
- living room
- bedroom
- bathroom
Amenities
- Elevator
- Access Control
- Renovated
Details
- Category
- Residential
- Rooms
- 3
- Bathrooms
- 1
- Furnishing
- Yes
Location
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