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
Sale220,000 €2,558 €/m²
Expected rent513 € /mo
~42,500 € ABOVE MARKET
overpriced
against the median for 4-room apartments in Mladost 2 (9 properties)
Area
86 m²
Floor
2 / 5
Construction
Brick
Yield analysis
Low investment rating
Monthly payment976 €20% down payment · 20 yrs · 3%
Expected rent513 €at market conditions for the neighbourhood
The rent covers 53% of the payment — you top up about 463 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 36 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 42,500 € above the typical price (the median) for 4-room apartments in Mladost 2 (9 properties) — 2,558 €/m² against 2,065 €/m².
The apartment is located in Varna city, Mladost 2 district, on the second floor of a five-storey building.
The layout includes a spacious entrance hall, living room with kitchenette, master bedroom, children's room, and a terrace accessible from the living room and bedroom.
The building is brick, new-build with Act 16 from 03.2023, equipped with an elevator and video surveillance, and the apartment is finished according to BDS standards.
The location is convenient, close to shops, schools, kindergartens, and three large malls, with good access to public transport.
The property offers a balanced combination of functionality and amenities for family use.
With 20% down over 20 years the monthly mortgage payment is about 976 €, against an expected local rent of 513 €. The rent covers 53% of it.
Source: Market statistics for 4-room apartments in Mladost 2
Pros and cons
AI summaryPros
- functional layout
- south and east aspect
- garage included
- new-build
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.
What feedback have previous viewers given?
Because: We have been tracking this listing for about 272 days.
Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.
Layout
- entrance hall
- living room
- bedroom
- bedroom
- terrace
Amenities
- Elevator
- With Parking
- Video Surveillance
- Access Control
- Renovated
- Gated Community
- Tax Credit Option
Exposure
AI summarySSouth
Maximum sunlight throughout the day
EEast
Morning sun, cooler afternoons
Details
- Category
- Residential
- Rooms
- 4
- Bathrooms
- 1
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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