−13% below market
median 1,852 €/m² for comparable properties
139,600 €1,604 €/m²
Rent covers ~ 147% of the payment
~ 910 €/mo rent · pays for itself in ~ 13 yrs
Sale105,000 €1,060 €/m²
Expected rent545 € /mo
~67,000 € BELOW MARKET
good value
against the median for 2-room apartments in Alen Mak (122 properties)
Area
99 m²
Floor
1 / 6
Construction
Brick
Year
2012
Yield analysis
Good investment rating
Monthly payment466 €20% down payment · 20 yrs · 3%
Expected rent545 €at market conditions for the neighbourhood
The rent covers 117% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 16 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 67,000 € below the typical price (the median) for 2-room apartments in Alen Mak (122 properties) — 1,060 €/m² against 1,737 €/m².
Apartment with two rooms in the gated complex Royal Beach Plaza, located in m-t Alen mak, Varna city.
Layout includes a living room with kitchenette, bedroom, bathroom with toilet, corridor, and terrace.
The building is brick, built in 2012, with an elevator and quality construction by Comfort construction company. Heating is provided by air conditioning.
The complex offers a parking area for free parking and a minimal maintenance fee. The area is quiet and provides conditions for relaxation outside the city center.
The property is suitable for people seeking a functional home in a gated environment with amenities and easy access to nature.
With 20% down over 20 years the monthly mortgage payment is about 466 €, against an expected local rent of 545 €. The rent covers the whole payment (117%).
Pros and cons
AI summaryPros
- gated complex
- elevator
- terrace
- quality construction
Cons
- ground floor
- west aspect
Questions for the viewing
Only on imotesaDerived from this specific property's data — not a generic checklist. Take them with you.
Why is this priced below comparable properties? Is there anything that could affect the sale?
Because: The price per m² is about 39% below the average for comparable properties.
Is there damp, is there enough daylight, and what is the noise like?
Because: The property is on the first floor.
Is there enough daylight during the day?
Because: The advertised exposure has no southern side.
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
- bathroom
Amenities
- Elevator
Exposure
AI summaryWWest
Afternoon and evening sun
Details
- Category
- Residential
- Rooms
- 2
- Bathrooms
- 1
- Furnishing
- Yes
Location
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