No market valuation
315,000 € 3,000 €/m²
No yield data
Appears once there's enough market data
Sale300,000 €2,752 €/m²
Expected rent932 € /mo
~97,500 € ABOVE MARKET
overpriced
against the median for 3-room apartments in Alen Mak (122 properties)
Area
109 m²
Floor
3 / 6
Construction
Brick
Year
2019
Yield analysis
Low investment rating
Monthly payment1,331 €20% down payment · 20 yrs · 3%
Expected rent932 €at market conditions for the neighbourhood
The rent covers 70% of the payment — you top up about 399 €/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 97,500 € above the typical price (the median) for 3-room apartments in Alen Mak (122 properties) — 2,752 €/m² against 1,858 €/m².
3-room apartment in Varna city, m-t Alen mak, located on the third floor of a 2019 building with a total area of 109 sq m.
The layout includes a spacious living room, two bedrooms, bathroom with toilet, laundry room and two balconies, providing functional use of the space.
The building is brick, with an elevator and well-maintained common areas, offering a pool, barbecue area and parking space, with a low maintenance fee.
The location is quiet and close to the sea, suitable for family living or a holiday property with easy access to the beach.
The property is suitable for those seeking a combination of comfort, nature and investment opportunity through rental.
With 20% down over 20 years the monthly mortgage payment is about 1,331 €, against an expected local rent of 932 €. The rent covers 70% of it.
Pros and cons
AI summaryPros
- functional layout
- southeast aspect
- parking space
- pool and barbecue area
Cons
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
Layout
- living room
- bedroom
- bedroom
Amenities
- Elevator
- With Parking
- Internet Connection
- Video Surveillance
- Access Control
- Renovated
Details
- Category
- Residential
- Rooms
- 3
- 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