At market level
median 1,658 €/m² for comparable properties
124,500 € 1,729 €/m²
Rent covers ~ 94% of the payment
~ 517 €/mo rent · you top up ~ 35 €/mo
Sale149,900 €1,238 €/m²
Expected rent599 € /mo
~56,000 € BELOW MARKET
good value
against the median for 4-room apartments in Mladost 1 (15 properties)
Area
121 m²
Floor
3 / 11
Construction
Brick
Year
2024
Yield analysis
Fair investment rating
Monthly payment665 €20% down payment · 20 yrs · 3%
Expected rent599 €at market conditions for the neighbourhood
The rent covers 90% of the payment — you top up about 66 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 21 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 56,000 € below the typical price (the median) for 4-room apartments in Mladost 1 (15 properties) — 1,238 €/m² against 1,701 €/m².
4-room apartment in the city of Varna, Mladost 1 district, located on the third floor of an 11-storey building.
The layout includes an entrance hall, spacious living room with kitchenette, three separate bedrooms, two bathrooms with toilets, storage room and two terraces.
The building is new-build from 2024, constructed with brick materials and features an elevator, parking spaces and access control.
The location is in a well-established residential area with good infrastructure and convenient access to city services.
The property is suitable for families seeking functional layout and modern amenities in an urban environment.
With 20% down over 20 years the monthly mortgage payment is about 665 €, against an expected local rent of 599 €. The rent covers 90% of it.
Source: Market statistics for 4-room apartments in Mladost 1
Pros and cons
AI summaryPros
- functional layout
- new-build
- elevator
- parking space
Cons
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
Questions for the viewing
Only on imotesaDerived from this specific property's data — not a generic checklist. Take them with you.
Why is this priced below comparable properties? Is there anything that could affect the sale?
Because: The price per m² is about 27% below the average for comparable properties.
What feedback have previous viewers given?
Because: We have been tracking this listing for about 269 days.
Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.
Layout
- bedroom
- bedroom
- bedroom
- living room
Amenities
- Elevator
- With Parking
- Leasing
- Internet Connection
- Access Control
- Renovated
Details
- Category
- Residential
- Rooms
- 4
- Bathrooms
- 2
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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