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) — 1,910 €/m² against 1,985 €/m².
Three-room apartment in Varna city, Mladost 2 district, located on the 5th floor of a prefab panel block from 1980. The property has an area of 67 sq m and offers an average layout.
The interior layout includes a spacious corridor, bright living room, separate kitchen nook, two bedrooms, and a large terrace in front of all rooms. The bathroom and toilet are separate, and the property also has a storage room and an adjacent cellar.
The building is prefab panel with an elevator and access control; the common areas are well maintained. Some of the window frames have been replaced, and the aspect is southeast, providing good natural light and warmth.
The location is convenient with proximity to a market, playgrounds, schools, shops, and public transport stops, ensuring easy access to the city center.
The property is suitable for family living or investment due to its functional layout and preferred 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.
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 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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