+38% above market
median 2,031 €/m² for comparable properties
114,900 € 2,802 €/m²
Rent covers ~ 91% of the payment
~ 463 €/mo rent · you top up ~ 47 €/mo
Sale127,000 €2,116 €/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 / 8
Construction
Panel
Year
1980
Heating
District Heating
Yield analysis
Fair investment rating
Monthly payment563 €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) — 2,116 €/m² against 1,985 €/m².
The apartment is located in Varna city, Mladost 2 district, on the seventh floor of eight in a prefab panel building.
The layout includes a living room, bedroom, kitchen, bathroom, toilet, storage room and two balconies, providing functional use of the space.
The building is prefab panel from 1980, with an elevator and a heated entrance with controlled access; the window frames have been partially replaced and there is external insulation on the bedroom.
The location offers sufficient green areas in front of the block and convenient access to urban infrastructure.
The property is suitable for family living with the possibility for renovation and interior customization.
With 20% down over 20 years the monthly mortgage payment is about 563 €, 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
- south / north aspect
- elevator
- partial insulation
Cons
- prefab panel construction
- needs 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
- kitchen
- bathroom
- toilet
- storage room
- balcony
- balcony
Amenities
- Elevator
Exposure
AI summarySSouth
Maximum sunlight throughout the day
NNorth
Even light, cooler during summer
Details
- Category
- Residential
- Rooms
- 3
- Bathrooms
- 1
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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