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) — 1,885 €/m² against 1,985 €/m².
Apartment in the city of Varna, Mladost 2 district, located on the 7th floor of an eight-storey prefab panel building.
Layout: T-shaped corridor, living room, kitchen, bedroom, two terraces, separate bathroom and toilet, storage room and basement.
The building is a prefab panel construction from 1980, insulated and with a maintained entrance, equipped with an elevator and controlled access. The property needs renovation, allowing adaptation according to the new owner's needs.
The location is convenient, close to shops, schools, kindergartens and sports facilities, with easy access to public transport.
Suitable for family living with potential for refurbishment and functional layout.
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%).
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.
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.
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.
Maximum sunlight throughout the day
Even light, cooler during summer
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 2,046 €/m² for comparable properties
Rent covers ~ 94% of the payment
~ 465 €/mo rent · you top up ~ 31 €/mo
median 1,985 €/m² for comparable properties
Rent covers ~ 122% of the payment
~ 622 €/mo rent · pays for itself in ~ 15 yrs