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)
Good investment rating
The rent covers 122% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 15 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) — 1,916 €/m² against 1,985 €/m².
Apartment with three rooms in Varna city, Mladost 2 district, located on the seventh floor of a ten-storey prefab panel block.
Layout includes three separate rooms and two terraces, which are not included in the stated floor area, providing additional space.
The building is renovated, improving energy efficiency, and the apartment has central heating by district heating and an elevator.
The location is convenient with proximity to Kaufland, public transport stops, and other daily amenities.
The property is suitable both for personal use and as an investment, thanks to the functional layout and additional terraces.
With 20% down over 20 years the monthly mortgage payment is about 510 €, against an expected local rent of 622 €. The rent covers the whole payment (122%).
The asking price has fallen by 10,000 € (8%) 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 8%.
Has the block been insulated under the renovation programme, and is there paperwork for it?
Because: Prefabricated panel construction.
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 ~ 108% of the payment
~ 622 €/mo rent · pays for itself in ~ 17 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