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 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.
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 in Varna city, Mladost 2 district. The property is located on the 7th floor of a prefab panel block with a total of 9 floors.
The layout includes a living room, two bedrooms, kitchen, storage room, bathroom, toilet and two terraces. The aspect is east/west, providing good natural light.
The building is prefab panel from 1980, with external insulation and an elevator. The apartment has replaced window frames and solid flooring but needs renovation.
The location is convenient with proximity to a medical center, school, kindergarten and shops. There is easy access to public transport.
The property is suitable for living or investment considering the functional layout and location.
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
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.
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.
Morning sun, cooler afternoons
Afternoon and evening sun
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
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~ 513 €/mo rent · you top up ~ 419 €/mo
median 1,985 €/m² for comparable properties
Rent covers ~ 74% of the payment
~ 622 €/mo rent · you top up ~ 221 €/mo
median 1,985 €/m² for comparable properties
Rent covers ~ 90% of the payment
~ 622 €/mo rent · you top up ~ 66 €/mo
median 2,031 €/m² for comparable properties
Rent covers ~ 91% of the payment
~ 463 €/mo rent · you top up ~ 47 €/mo
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Rent covers ~ 63% of the payment
~ 463 €/mo rent · you top up ~ 269 €/mo
median 2,031 €/m² for comparable properties
Rent covers ~ 72% of the payment
~ 463 €/mo rent · you top up ~ 180 €/mo
median 2,031 €/m² for comparable properties
Rent covers ~ 63% of the payment
~ 463 €/mo rent · you top up ~ 269 €/mo