+19% above market
median 1,858 €/m² for comparable properties
250,000 € 2,049 €/m²
Rent covers ~ 84% of the payment
~ 932 €/mo rent · you top up ~ 177 €/mo
Sale110,000 €1,100 €/m²
Expected rent547 € /mo
Area
100 m²
Floor
0 / 7
Construction
Brick
Year
2008
Yield analysis
Fair investment rating
Monthly payment488 €20% down payment · 20 yrs · 3%
Expected rent547 €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.
Price history
1 change since listing▼ 15.4% · 20,000 €
- 130,000 €
- 110,000 €▼ 20,000 € (15.4%)
Property analysis
This apartment is priced 43% below the typical price (the median) for comparable properties — 1,000 €/m² against 1,740 €/m². A price this far below the market usually has a reason the listing does not mention — encumbrances or an error in the ad.
Two-room apartment with an area of 100 sq m, located on the ground floor in a gated complex in m-t Alen Mak, Varna.
The layout includes convenient and functional rooms, suitable both for living and for renting out.
The building is brick, built in 2008, with an elevator and parking spaces in the yard, providing comfort and convenience.
The complex has a low maintenance fee and offers a peaceful environment close to the nature of m-t Alen Mak.
A suitable choice for people seeking a balance between urban amenities and a quieter location in a gated complex.
With 20% down over 20 years the monthly mortgage payment is about 488 €, against an expected local rent of 547 €. The rent covers the whole payment (112%).
The asking price has fallen by 20,000 € (15.4%) since it was first listed.
Pros and cons
AI summaryPros
- gated complex
- parking space
- elevator
- low maintenance fee
Cons
- ground floor
Questions for the viewing
Only on imotesaDerived from this specific property's data — not a generic checklist. Take them with you.
Why is this priced below comparable properties? Is there anything that could affect the sale?
Because: The price per m² is about 43% below the average for comparable properties.
What feedback have previous viewers given?
Because: We have been tracking this listing for about 481 days.
Is there still room to negotiate?
Because: The price has been cut once, by about 15%.
Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.
Layout
- two-room
Amenities
- Elevator
- With Parking
- Gated Community
Details
- Category
- Residential
- Rooms
- 2
- Furnishing
- Yes
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
Similar properties nearby
At market level
median 1,740 €/m² for comparable properties
109,000 € 1,730 €/m²
Rent covers ~ 113% of the payment
~ 547 €/mo rent · pays for itself in ~ 17 yrs
At market level
median 1,740 €/m² for comparable properties
140,000 € 1,891 €/m²
Rent covers ~ 88% of the payment
~ 547 €/mo rent · you top up ~ 74 €/mo
+13% above market
median 1,858 €/m² for comparable properties
255,000 € 2,090 €/m²
Rent covers ~ 82% of the payment
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At market level
median 1,858 €/m² for comparable properties
280,000 € 1,931 €/m²
Rent covers ~ 75% of the payment
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median 1,790 €/m² for comparable properties
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Rent covers ~ 113% of the payment
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−15% below market
median 1,740 €/m² for comparable properties
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Rent covers ~ 104% of the payment
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+32% above market
median 1,858 €/m² for comparable properties
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Rent covers ~ 37% of the payment
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