No market valuation
315,000 € 3,000 €/m²
No yield data
Appears once there's enough market data
Sale149,000 €2,292 €/m²
Expected rent547 € /mo
~36,000 € ABOVE MARKET
overpriced
against the median for 2-room apartments in Alen Mak (121 properties)
Area
65 m²
Floor
3 / 4
Construction
Brick
Yield analysis
Fair investment rating
Monthly payment661 €20% down payment · 20 yrs · 3%
Expected rent547 €at market conditions for the neighbourhood
The rent covers 83% of the payment — you top up about 114 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 23 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 36,000 € above the typical price (the median) for 2-room apartments in Alen Mak (121 properties) — 2,292 €/m² against 1,740 €/m².
The offered two-room apartment is located in m-t Alen Mak, Varna, on the second floor of a brick building. The property features a living area with a kitchen section, a bedroom, and a terrace accessible from both rooms, providing good natural light and a sea view. The location is close to the beach, public transport stop, and eateries, which contributes to convenience in daily life. There is an option to purchase a parking space or garage, which is an additional advantage. The apartment is suitable both for living and investment.
With 20% down over 20 years the monthly mortgage payment is about 661 €, against an expected local rent of 547 €. The rent covers 83% of it.
Pros and cons
AI summaryPros
- sea view
- close to beach
- parking option
- sunny rooms
Cons
- second floor
Questions for the viewing
Only on imotesaDerived from this specific property's data — not a generic checklist. Take them with you.
What feedback have previous viewers given?
Because: We have been tracking this listing for about 238 days.
Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.
Layout
- Living area with kitchen section
- Bedroom
- Terrace
- L-shaped corridor
- Bathroom
Amenities
- With Parking
- Access Control
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
+10% 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
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
~ 932 €/mo rent · you top up ~ 199 €/mo
At market level
median 1,858 €/m² for comparable properties
280,000 € 1,931 €/m²
Rent covers ~ 75% of the payment
~ 932 €/mo rent · you top up ~ 310 €/mo
+35% above market
median 1,790 €/m² for comparable properties
145,000 € 2,416 €/m²
Rent covers ~ 113% of the payment
~ 726 €/mo rent · pays for itself in ~ 17 yrs
−15% below market
median 1,740 €/m² for comparable properties
119,000 € 1,487 €/m²
Rent covers ~ 104% of the payment
~ 547 €/mo rent · pays for itself in ~ 18 yrs