+30% above market
median 1,882 €/m² for comparable properties
563,000 € 2,447 €/m²
Rent covers ~ 37% of the payment
~ 920 €/mo rent · you top up ~ 1,578 €/mo
Sale138,000 €2,262 €/m²
Expected rent549 € /mo
~32,000 € ABOVE MARKET
overpriced
against the median for 2-room apartments in Alen Mak (119 properties)
Area
61 m²
Floor
2 / 7
Construction
Brick
Year
2010
Yield analysis
Fair investment rating
Monthly payment612 €20% down payment · 20 yrs · 3%
Expected rent549 €at market conditions for the neighbourhood
The rent covers 90% of the payment — you top up about 63 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 21 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 32,000 € above the typical price (the median) for 2-room apartments in Alen Mak (119 properties) — 2,262 €/m² against 1,740 €/m².
2-room apartment in Varna city, m-t Alen Mak area, located on the second floor of a 2010 brick building.
The layout includes a living room with kitchenette and dining area, bedroom, bathroom with toilet, corridor, and a panoramic terrace with south aspect.
The building is part of a gated complex with controlled access, elevator, and parking availability. Heating is provided by air conditioning, and the property has been fully renovated and finished turnkey.
The location offers convenient access to public transport and is about a 5-minute walk from the beach, providing both tranquility and connection to the city center.
Suitable for those seeking a functional home in a gated community with good infrastructure and views.
With 20% down over 20 years the monthly mortgage payment is about 612 €, against an expected local rent of 549 €. The rent covers 90% of it.
Pros and cons
AI summaryPros
- functional layout
- south aspect
- panoramic terrace
- gated complex
Cons
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
Layout
- living room
- bedroom
- bathroom
Amenities
- Elevator
- With Parking
- Access Control
- Gated Community
Exposure
AI summarySSouth
Maximum sunlight throughout the day
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.
Similar properties nearby
At market level
median 1,642 €/m² for comparable properties
495,000 € 1,701 €/m²
Rent covers ~ 88% of the payment
~ 1,940 €/mo rent · you top up ~ 256 €/mo
−12% below market
median 1,882 €/m² for comparable properties
135,000 € 1,666 €/m²
Rent covers ~ 154% of the payment
~ 920 €/mo rent · pays for itself in ~ 12 yrs
At market level
median 1,882 €/m² for comparable properties
199,000 € 2,051 €/m²
Rent covers ~ 104% of the payment
~ 920 €/mo rent · pays for itself in ~ 18 yrs
+31% above market
median 1,882 €/m² for comparable properties
359,000 € 2,458 €/m²
Rent covers ~ 58% of the payment
~ 920 €/mo rent · you top up ~ 673 €/mo
+12% above market
median 1,882 €/m² for comparable properties
158,000 € 2,106 €/m²
Rent covers ~ 131% of the payment
~ 920 €/mo rent · pays for itself in ~ 14 yrs
At market level
median 1,740 €/m² for comparable properties
185,000 € 1,778 €/m²
Rent covers ~ 67% of the payment
~ 549 €/mo rent · you top up ~ 272 €/mo
+27% above market
median 1,740 €/m² for comparable properties
155,000 € 2,214 €/m²
Rent covers ~ 80% of the payment
~ 549 €/mo rent · you top up ~ 139 €/mo