No market valuation
315,000 € 3,000 €/m²
No yield data
Appears once there's enough market data
Sale315,000 €3,028 €/m²
Expected rent932 € /mo
~122,000 € ABOVE MARKET
overpriced
against the median for 3-room apartments in Alen Mak (122 properties)
Area
104 m²
Floor
5 / 7
Construction
Brick
Year
2023
Yield analysis
Low investment rating
Monthly payment1,398 €20% down payment · 20 yrs · 3%
Expected rent932 €at market conditions for the neighbourhood
The rent covers 67% of the payment — you top up about 466 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 28 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 122,000 € above the typical price (the median) for 3-room apartments in Alen Mak (122 properties) — 3,028 €/m² against 1,858 €/m².
Three-room apartment with an area of 104 sq m, located in Varna, m-t Alen Mak. The property is in a new building from 2023, on the 5th floor of 7 with an elevator and a parking space in a gated complex.
The layout includes a spacious living area with kitchen, two bedrooms, two bathrooms with underfloor heating, and a terrace with sea views from all rooms. The apartment also has a basement.
The building is brick, with Act 16 and high-quality construction and materials. The complex offers various amenities such as a spa center, indoor and outdoor pools, saunas, and a children's playground.
The location is about 10 minutes on foot from the sea, close to the university, shops, and transport, in a green and quiet environment.
The property is suitable for people seeking comfort in a gated complex with amenities and proximity to the sea.
With 20% down over 20 years the monthly mortgage payment is about 1,398 €, against an expected local rent of 932 €. The rent covers 67% of it.
Pros and cons
AI summaryPros
- gated complex
- sea view
- new-build
- elevator and parking space
Cons
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
Layout
- entrance hall
- living area
- bedroom
- bathroom
- bedroom
- terrace
Amenities
- Elevator
- With Parking
- Gated Community
Exposure
AI summarySSouth
Maximum sunlight throughout the day
NNorth
Even light, cooler during summer
EEast
Morning sun, cooler afternoons
WWest
Afternoon and evening sun
Details
- Category
- Residential
- Rooms
- 3
- Bathrooms
- 2
- Furnishing
- Yes
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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