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 81% of the payment — you top up about 143 €/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.
This apartment is priced at the typical price (the median) for 3-room apartments in Mladost 2 (63 properties) — 1,938 €/m² against 1,985 €/m².
This 3-room apartment is located in Varna city, Mladost 2 district. The layout includes a corridor, living room with balcony, kitchen with enclosed balcony, two bedrooms, bathroom with toilet, storage room, and an adjacent cellar. The property is in a prefab panel block on the second floor of eight, with an elevator available and partial improvements such as PVC windows and external insulation. The area is well connected and quiet, close to the Ice Rink, Slivnitsa Blvd, kindergartens, schools, and bus stops. The apartment is suitable for family use with a functional layout and nearby amenities.
With 20% down over 20 years the monthly mortgage payment is about 765 €, against an expected local rent of 622 €. The rent covers 81% of it.
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.
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
median 2,000 €/m² for comparable properties
Rent covers ~ 55% of the payment
~ 513 €/mo rent · you top up ~ 419 €/mo
median 2,031 €/m² for comparable properties
Rent covers ~ 91% of the payment
~ 463 €/mo rent · you top up ~ 47 €/mo
median 1,657 €/m² for comparable properties
Rent covers ~ 63% of the payment
~ 463 €/mo rent · you top up ~ 269 €/mo
median 2,031 €/m² for comparable properties
Rent covers ~ 72% of the payment
~ 463 €/mo rent · you top up ~ 180 €/mo
median 1,985 €/m² for comparable properties
Rent covers ~ 62% of the payment
~ 622 €/mo rent · you top up ~ 376 €/mo
median 1,985 €/m² for comparable properties
Rent covers ~ 60% of the payment
~ 622 €/mo rent · you top up ~ 407 €/mo
median 1,985 €/m² for comparable properties
Rent covers ~ 110% of the payment
~ 622 €/mo rent · pays for itself in ~ 17 yrs