No market valuation
315,000 € 3,000 €/m²
No yield data
Appears once there's enough market data
Sale168,000 €2,800 €/m²
Expected rent547 € /mo
~63,500 € ABOVE MARKET
overpriced
against the median for 2-room apartments in Alen Mak (121 properties)
Area
60 m²
Floor
0 / 6
Construction
Brick
Year
2018
Yield analysis
Low investment rating
Monthly payment745 €20% down payment · 20 yrs · 3%
Expected rent547 €at market conditions for the neighbourhood
The rent covers 73% of the payment — you top up about 198 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 26 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 about 63,500 € above the typical price (the median) for 2-room apartments in Alen Mak (121 properties) — 2,800 €/m² against 1,740 €/m².
Two-room apartment in Varna city, m-t Alen mak, Kabakum, located on the ground floor of a 2018 brick building.
The layout includes an entrance hall, living area with kitchenette, bedroom, bathroom with toilet, and a large terrace accessible from both rooms.
The building is part of a gated complex with elevator, internet, and access control; the property is renovated and maintained.
The location is about 500 meters from Kabakum beach, close to green areas and recreational amenities within the complex.
Suitable for both year-round living and as a holiday property with rental potential.
With 20% down over 20 years the monthly mortgage payment is about 745 €, against an expected local rent of 547 €. The rent covers 73% of it.
Pros and cons
AI summaryPros
- gated complex
- close to the sea
- large terrace
- elevator
Cons
- ground floor
Layout
- entrance hall
- living area
- bedroom
- bathroom
Amenities
- Elevator
- Internet Connection
- Access Control
- Renovated
- Gated Community
- Tax Credit Option
Details
- Category
- Residential
- Rooms
- 2
- Bathrooms
- 1
- Furnishing
- Yes
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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