Sale

One-room apartment with large terrace in m-t Alen mak, Varna

VarnaAlen Mak
Published: 2 August 2026 Updated: 20 September 2026
Sale53,500 €1,070 €/m²
Expected rent372 € /mo

~37,500 € BELOW MARKET

far below market

against the median for 1-room apartments in Alen Mak (25 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
50 m²
Construction
Brick
Year
2010

Yield analysis

Strong investment rating

8.4% / yr
Monthly payment237 €20% down payment · 20 yrs · 3%
Expected rent372 €at market conditions for the neighbourhood

The rent covers 157% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 12 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▼ 0.9% · 500 €
  1. 54,000 €4 August 2026Initial price
  2. 53,500 €▼ 500 € (0.9%) 20 September 2026Price reducedCurrent

Property analysis

This apartment is priced about 37,500 € below the typical price (the median) for 1-room apartments in Alen Mak (25 properties) — 1,070 €/m² against 1,819 €/m². A price this far below the market usually has a reason the listing does not mention — encumbrances or an error in the ad.

The apartment is located in m-t Alen mak, Varna city, in a building from 2010. It features one large room and a huge terrace, which can be covered and expanded as living space. The property has no shared side walls with neighbors and has an east aspect. The building is brick, maintained, and equipped with basic utilities such as sewage, electricity, and water with control measures. The location is green and quiet, bordering the Zlatni pyasatsi nature park, with views of Aladzha Monastery and the sea, about 800 m from Kabakum beach. The property is suitable for people seeking proximity to nature and tranquility while having convenient access and parking.

With 20% down over 20 years the monthly mortgage payment is about 237 €, against an expected local rent of 372 €. The rent covers the whole payment (157%).

The asking price has fallen by 500 € (0.9%) since it was first listed.

Source: Market statistics for 1-room apartments in Alen Mak

Pros and cons

AI summary
Pros
  • large terrace
  • no shared side walls
  • close to nature park
  • parking
Cons
  • one-room apartment
  • purchase after 2026

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 enough daylight during the day?

    Because: The advertised exposure has no southern side.

Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.

Amenities

  • With Parking
  • Access Control

Exposure

AI summary
EEast

Morning sun, cooler afternoons

Details

Category
Residential
Rooms
1

Approximate location

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

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