Sale

Spacious 3-room apartment in m-t Alen Mak, Varna

k.k. Chayka
Published: 5 August 2026 Updated: 1 October 2026
Sale155,000 €1,192 €/m²
Expected rent856 € /mo

~109,500 € BELOW MARKET

far below market

against the median for apartments in k.k. Chayka (266 properties)

A price this far below the market usually has a reason the listing does not mention — encumbrances or an error in the ad.

Area
130 m²
Floor
1 / 3
Construction
Brick
Year
2016

Yield analysis

Good investment rating

6.6% / yr
Monthly payment688 €20% down payment · 20 yrs · 3%
Expected rent856 €at market conditions for the neighbourhood

The rent covers 124% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 15 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▼ 8.8% · 15,000 €
  1. 170,000 €23 September 2026Initial price
  2. 155,000 €▼ 15,000 € (8.8%) 1 October 2026Price reducedCurrent

Property analysis

This apartment is priced about 109,500 € below the typical price (the median) for apartments in k.k. Chayka (266 properties) — 1,192 €/m² against 2,035 €/m². A price this far below the market usually has a reason the listing does not mention — encumbrances or an error in the ad.

Three-room apartment in m-t Alen Mak, Varna, with a total area of 130 sq m. It is located on the first floor of a three-storey brick building, built in 2016.

The layout includes a living area and two bedrooms, allowing convenient organization of the living space according to the residents' needs. The property is suitable both for permanent residence and as a holiday home.

The building is constructed with brick and is in good condition, providing the necessary amenities for comfortable living. There are no specific details about additional facilities.

The location offers a quiet and green environment close to the sea coast, with easy access to Varna city centre and the Zlatni Pyasatsi resort areas. The area has shops and public transport connections.

The property is suitable for people looking for a spacious apartment close to nature with the possibility of year-round use.

With 20% down over 20 years the monthly mortgage payment is about 688 €, against an expected local rent of 856 €. The rent covers the whole payment (124%).

The asking price has fallen by 15,000 € (8.8%) since it was first listed.

Source: Market statistics for apartments in k.k. Chayka

Pros and cons

AI summary
Pros
  • spacious area
  • brick construction
  • good location
  • close to the sea
Cons
  • lack of additional amenities

Questions for the viewing

Only on imotesa

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

  1. Why is this priced below comparable properties? Is there anything that could affect the sale?

    Because: The price per m² is about 41% below the average for comparable properties.

  2. Is there still room to negotiate?

    Because: The price has been cut once, by about 9%.

  3. 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

  • bedroom
  • bedroom
  • living room

Details

Category
Residential
Rooms
3

Approximate location

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

Similar properties nearby