Sale

Three-room apartment with two terraces in Mladost 1, Varna

VarnaMladost 1
Published: 2 April 2026 Updated: 24 September 2026
Sale133,000 €1,985 €/m²
Expected rent599 € /mo

~18,500 € ABOVE MARKET

above market

against the median for apartments in Mladost 1 (359 properties)

Area
67 m²
Floor
1 / 8
Construction
Panel
Year
1980

Yield analysis

Fair investment rating

5.4% / yr
Monthly payment590 €20% down payment · 20 yrs · 3%
Expected rent599 €at market conditions for the neighbourhood

The rent covers 102% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 19 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.

Price history

1 change since listing▼ 2.9% · 4,000 €
  1. 137,000 €1 June 2026Initial price
  2. 133,000 €▼ 4,000 € (2.9%) 9 June 2026Price reducedCurrent

Property analysis

This apartment is priced about 18,500 € above the typical price (the median) for apartments in Mladost 1 (359 properties) — 1,985 €/m² against 1,707 €/m².

Three-room apartment with an area of 67 sq m, located in the district of Mladost 1, Varna. The property is on the first residential floor in a prefab panel building from 1980 with eight floors and an elevator.

The layout includes a living room with access to a glazed terrace, kitchen with walk-through access to the dining room, bedroom with a second terrace, storage room, separate bathroom and toilet. All rooms have an east aspect.

The building is prefab panel construction, with replaced PVC windows and air conditioning in the living room. The property is offered unfurnished and includes an adjacent basement storage.

The location is convenient, close to hypermarkets, childcare facilities, schools, sports complex and public transport stops. Parking is free in the inter-block area.

Suitable for family living with good functionality and access to urban infrastructure.

With 20% down over 20 years the monthly mortgage payment is about 590 €, against an expected local rent of 599 €. The rent covers the whole payment (102%).

The asking price has fallen by 4,000 € (2.9%) since it was first listed.

Source: Market statistics for apartments in Mladost 1

Pros and cons

AI summary
Pros
  • functional layout
  • two terraces
  • east aspect
  • elevator
Cons
  • prefab panel block
  • ground floor

Questions for the viewing

Only on imotesa

Derived from this specific property's data — not a generic checklist. Take them with you.

  1. What feedback have previous viewers given?

    Because: We have been tracking this listing for about 183 days.

  2. Is there still room to negotiate?

    Because: The price has been cut once, by about 3%.

  3. Has the block been insulated under the renovation programme, and is there paperwork for it?

    Because: Prefabricated panel construction.

  4. Have the risers been replaced, and when was the roof last repaired?

    Because: The building dates from 1980 — about 46 years old.

  5. Is there damp, is there enough daylight, and what is the noise like?

    Because: The property is on the first floor.

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 (18 sq m)
  • kitchen (5 sq m)
  • bedroom (13 sq m)

Amenities

  • Elevator

Exposure

AI summary
EEast

Morning sun, cooler afternoons

Details

Category
Residential
Bathrooms
2

Approximate location

The exact address hasn't been published by the seller — the map shows the neighbourhood.

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