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
Sale175,000 €2,868 €/m²
Expected rent622 € /mo
~54,000 € ABOVE MARKET
overpriced
against the median for 3-room apartments in Mladost 2 (63 properties)
Area
61 m²
Floor
6 / 8
Construction
Panel
Year
1980
Heating
District Heating
Yield analysis
Fair investment rating
Monthly payment776 €20% down payment · 20 yrs · 3%
Expected rent622 €at market conditions for the neighbourhood
The rent covers 80% of the payment — you top up about 154 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 23 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 54,000 € above the typical price (the median) for 3-room apartments in Mladost 2 (63 properties) — 2,868 €/m² against 1,985 €/m².
Apartment with three rooms in Varna city, Mladost 2 district, located on the 6th floor of 8 in a prefab panel building with elevator.
Layout includes a corridor, spacious living room with kitchenette and access to a panoramic terrace, two separate bedrooms and a combined bathroom.
The building was constructed in 1980, with maintained common areas and available amenities such as elevator and access control. The property features new flooring, PVC windows and renovated interior doors.
The location offers convenient access to urban infrastructure and a parking area, suitable for families.
The property is functional for everyday living and offers a balanced combination of comfort and practicality.
With 20% down over 20 years the monthly mortgage payment is about 776 €, against an expected local rent of 622 €. The rent covers 80% of it.
Source: Market statistics for 3-room apartments in Mladost 2
Pros and cons
AI summaryPros
- panoramic terrace
- elevator
- two separate bedrooms
- access control
Cons
- prefab panel construction
- floor above middle
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
- bedroom
Amenities
- Elevator
- With Parking
- Access Control
Details
- Category
- Residential
- Rooms
- 3
- Bathrooms
- 1
- Furnishing
- Yes
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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At market level
median 1,985 €/m² for comparable properties
128,000 € 2,133 €/m²
Rent covers ~ 110% of the payment
~ 622 €/mo rent · pays for itself in ~ 17 yrs