+25% above market
median 2,344 €/m² for comparable properties
119,900 € 2,924 €/m²
Rent covers ~ 98% of the payment
~ 522 €/mo rent · you top up ~ 10 €/mo
Sale121,000 €1,704 €/m²
Expected rent599 € /mo
AT MARKET LEVEL
fairly priced
against the median for apartments in Mladost 1 (359 properties)
Area
71 m²
Floor
15 / 18
Construction
Brick
Year
2028
Yield analysis
Fair investment rating
Monthly payment537 €20% down payment · 20 yrs · 3%
Expected rent599 €at market conditions for the neighbourhood
The rent covers 112% 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.
Property analysis
This apartment is priced at the typical price (the median) for apartments in Mladost 1 (359 properties) — 1,704 €/m² against 1,707 €/m².
Apartment with an area of 71 sq m, located in a new building in the district of Mladost 1, Varna.
The layout includes an entrance hall, living room with kitchen (23.93 sq m), bedroom (11.50 sq m), balcony (7.86 sq m) and bathroom with WC, providing functional use of the space.
The building is brick construction from 2028, equipped with an elevator, parking, internet and access control, with the apartment in 'BDS' condition and option for turnkey completion.
The location is urban with convenient access to infrastructure and offers a south aspect with panoramic views of the city and sea.
The property is suitable for those seeking a functional and modern home in an urban area with good amenities and views.
With 20% down over 20 years the monthly mortgage payment is about 537 €, against an expected local rent of 599 €. The rent covers the whole payment (112%).
Pros and cons
AI summaryPros
- functional layout
- south aspect
- panoramic view
- new-build
- elevator
- parking
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 182 days.
Has Act 16 been issued, and what guarantees cover the common parts?
Because: The building dates from 2028.
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
- kitchen /23.93 sq m/
- bedroom /11.50 sq m/
- balcony /7.86 sq m/
Amenities
- Elevator
- With Parking
- Internet Connection
- Access Control
- Renovated
Exposure
AI summarySSouth
Maximum sunlight throughout the day
Details
- Category
- Residential
- Bathrooms
- 1
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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At market level
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