No market valuation
315,000 € 3,000 €/m²
No yield data
Appears once there's enough market data
Sale176,000 €2,514 €/m²
Expected rent547 € /mo
~54,000 € ABOVE MARKET
overpriced
against the median for 2-room apartments in Alen Mak (121 properties)
Area
70 m²
Floor
2 / 6
Construction
Brick
Year
2023
Yield analysis
Low investment rating
Monthly payment781 €20% down payment · 20 yrs · 3%
Expected rent547 €at market conditions for the neighbourhood
The rent covers 70% of the payment — you top up about 234 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 27 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 54,000 € above the typical price (the median) for 2-room apartments in Alen Mak (121 properties) — 2,514 €/m² against 1,740 €/m².
2-room apartment in the city of Varna, m-t Alen mak, part of a premium gated complex.
The layout includes an entrance hall, living room with kitchenette, bedroom, bathroom with toilet, and a south-facing terrace overlooking green areas.
The building is new-build from 2023, constructed with brick materials and features an elevator, parking, and video surveillance.
The complex offers additional amenities such as a spa center, swimming pool, outdoor gym, and security, and the location is close to Kabakum and Slanchev den beaches.
The property is suitable for people seeking tranquility in a gated environment with good conditions for relaxation and daily living.
With 20% down over 20 years the monthly mortgage payment is about 781 €, against an expected local rent of 547 €. The rent covers 70% of it.
Pros and cons
AI summaryPros
- south aspect
- new-build
- gated complex
- parking space
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
- Internet Connection
- Active Business
- Video Surveillance
- Access Control
- Security
- Renovated
- 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.
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