+60% above market
median 1,870 €/m² for comparable properties
315,000 € 3,000 €/m²
Rent covers ~ 67% of the payment
~ 932 €/mo rent · you top up ~ 466 €/mo
Sale68,500 €1,957 €/m²
Expected rent372 € /mo
AT MARKET LEVEL
fairly priced
against the median for 1-room apartments in Alen Mak (25 properties)
Area
35 m²
Floor
0 / 5
Construction
Brick
Year
2008
Yield analysis
Good investment rating
Monthly payment304 €20% down payment · 20 yrs · 3%
Expected rent372 €at market conditions for the neighbourhood
The rent covers 122% 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.
Property analysis
This apartment is priced at the typical price (the median) for 1-room apartments in Alen Mak (25 properties) — 1,957 €/m² against 1,819 €/m².
One-room apartment in the city of Varna, m-t Alen mak, located on the ground floor of a 2008 brick building.
The layout includes an entrance hall, living room with kitchenette and sleeping area, bathroom with toilet, and terrace.
The building is maintained and offers a shared pool, with the property having all necessary utilities.
The location is close to Kabakum beach and provides easy access to the resorts Sv. Sv. Konstantin and Elena and Zlatni pyasatsi, as well as to the city infrastructure.
Suitable as a holiday property or investment with rental potential.
With 20% down over 20 years the monthly mortgage payment is about 304 €, against an expected local rent of 372 €. The rent covers the whole payment (122%).
Pros and cons
AI summaryPros
- pool in complex
- close to beach
- functional layout
Cons
- ground floor
Layout
- hall
- living room
- bedroom
- bathroom
- terrace
Details
- Category
- Residential
- Rooms
- 1
- Bathrooms
- 1
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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