+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
Sale125,000 €2,083 €/m²
Expected rent547 € /mo
~20,500 € ABOVE MARKET
above market
against the median for 2-room apartments in Alen Mak (121 properties)
Area
60 m²
Floor
1 / 4
Construction
Brick
Year
2010
Yield analysis
Fair investment rating
Monthly payment555 €20% down payment · 20 yrs · 3%
Expected rent547 €at market conditions for the neighbourhood
The rent covers 99% of the payment — you top up about 8 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 19 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▼ 21.9% · 35,000 €
- 160,000 €
- 125,000 €▼ 35,000 € (21.9%)
Property analysis
This apartment is priced about 20,500 € above the typical price (the median) for 2-room apartments in Alen Mak (121 properties) — 2,083 €/m² against 1,740 €/m².
The apartment is located in m-t Alen mak, Varna, near the Free University and Kabakum beach. It features a living room with kitchenette, bedroom, two bathrooms with toilets, and a balcony. The property is on the first floor of a brick building from 2010 with an elevator and parking space. Heating is by air conditioning, and the property has PVC windows and has been renovated. The area offers a quiet environment with easy access to nature and the sea. Suitable for year-round living or investment for rental purposes.
With 20% down over 20 years the monthly mortgage payment is about 555 €, against an expected local rent of 547 €. The rent covers 99% of it.
The asking price has fallen by 35,000 € (21.9%) since it was first listed.
Pros and cons
AI summaryPros
- two bathrooms
- southeast aspect
- elevator
- parking space
Cons
- walk-through rooms
- ground floor
Questions for the viewing
Only on imotesaDerived from this specific property's data — not a generic checklist. Take them with you.
Is there still room to negotiate?
Because: The price has been cut once, by about 22%.
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
- living room
- bedroom
Amenities
- Elevator
- With Transition
- With Parking
Details
- Category
- Residential
- Rooms
- 2
- Bathrooms
- 2
- Furnishing
- Yes
Location
Similar properties nearby
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median 1,870 €/m² for comparable properties
250,000 € 2,049 €/m²
Rent covers ~ 84% of the payment
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At market level
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At market level
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