Sale

Two-room apartment with two terraces in m-t Alen mak, Varna

VarnaAlen Mak
Published: 30 September 2026 Updated: 1 October 2026
Sale119,000 €1,487 €/m²
Expected rent547 € /mo

~20,000 € BELOW MARKET

good value

against the median for 2-room apartments in Alen Mak (121 properties)

Area
80 m²
Floor
2 / 4
Construction
Brick
Year
2010

Yield analysis

Fair investment rating

5.5% / yr
Monthly payment528 €20% down payment · 20 yrs · 3%
Expected rent547 €at market conditions for the neighbourhood

The rent covers 104% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 18 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 20,000 € below the typical price (the median) for 2-room apartments in Alen Mak (121 properties) — 1,487 €/m² against 1,740 €/m².

Two-room apartment in m-t Alen mak, Varna city, located near Zlatni pyasatsi Nature Park and Kabakum beach.
The property has an east-south aspect and is situated on the second floor of four in a building with terraced architecture.
The building was constructed in 2010 from brick, without an elevator, but with access from two streets thanks to the architectural design.
The apartment features two large terraces, offering additional space and views of the greenery and Aladzha Monastery.
The location is quiet and green, with convenient access to a bus stop and about 800 metres from the beach.
The property is suitable for people seeking a balance between proximity to nature and city amenities.

With 20% down over 20 years the monthly mortgage payment is about 528 €, against an expected local rent of 547 €. The rent covers the whole payment (104%).

Source: Market statistics for 2-room apartments in Alen Mak

Pros and cons

AI summary
Pros
  • two spacious terraces
  • east-south aspect
  • access from two streets
  • near nature park
Cons
  • no elevator

Questions for the viewing

Only on imotesa

Derived from this specific property's data — not a generic checklist. Take them with you.

  1. Why is this priced below comparable properties? Is there anything that could affect the sale?

    Because: The price per m² is about 15% below the average for comparable properties.

Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.

Layout

  • bedroom
  • living room

Amenities

  • Access Control

Exposure

AI summary
EEast

Morning sun, cooler afternoons

Details

Category
Residential
Rooms
2
Furnishing
Yes

Approximate location

The exact address hasn't been published by the seller — the map shows the neighbourhood.

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