Sale

Spacious 3-room apartment in m-t Alen mak with terraces

VarnaAlen Mak
Published: 29 May 2026 Updated: 5 September 2026
Sale250,000 €2,192 €/m²
Expected rent932 € /mo

~38,000 € ABOVE MARKET

above market

against the median for 3-room apartments in Alen Mak (122 properties)

Area
114 m²
Floor
3 / 4
Construction
Brick

Yield analysis

Fair investment rating

4.5% / yr
Monthly payment1,109 €20% down payment · 20 yrs · 3%
Expected rent932 €at market conditions for the neighbourhood

The rent covers 84% of the payment — you top up about 177 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 22 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 38,000 € above the typical price (the median) for 3-room apartments in Alen Mak (122 properties) — 2,192 €/m² against 1,858 €/m².

Three-room apartment with an area of 114 sq m, located in the gated complex Argisht Palace in m-t Alen mak, Varna. The property is on the third floor of a four-storey building with an elevator. The layout includes a bright living area with a kitchenette, two furnished bedrooms, and three terraces with partial sea views and views of the inner courtyard. The construction is brick with high-quality execution, and the complex offers security, internet, a swimming pool, and underground parking spaces. The location is close to Kabakum beach, university, shops, and transport, suitable for both permanent residence and vacation property. The property is functional and ready to use, combining convenience and tranquility in a seaside environment.

With 20% down over 20 years the monthly mortgage payment is about 1,109 €, against an expected local rent of 932 €. The rent covers 84% of it.

Source: Market statistics for 3-room apartments in Alen Mak

Pros and cons

AI summary
Pros
  • functional layout
  • terraces with views
  • gated complex
  • elevator
Cons

We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.

Layout

  • living area
  • bedroom
  • bedroom

Amenities

  • Elevator
  • Internet Connection
  • Security

Details

Category
Residential
Rooms
3
Bathrooms
2
Furnishing
Yes

Location

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