No market valuation
315,000 € 3,000 €/m²
No yield data
Appears once there's enough market data
Sale250,000 €2,066 €/m²
Expected rent932 € /mo
~25,000 € ABOVE MARKET
above market
against the median for 3-room apartments in Alen Mak (122 properties)
Area
121 m²
Floor
5 / 7
Construction
Brick
Year
2020
Yield analysis
Fair investment rating
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.
Price history
1 change since listing▼ 9.1% · 25,000 €
- 275,000 €
- 250,000 €▼ 25,000 € (9.1%)
Property analysis
This apartment is priced about 25,000 € above the typical price (the median) for 3-room apartments in Alen Mak (122 properties) — 2,066 €/m² against 1,858 €/m².
Three-room apartment in Varna city, m-t Alen mak area, about 10 minutes on foot from the sea. The property is located on the 5th floor of 7 in a building from 2020.
The layout includes a spacious entrance hall, bright living room with kitchen area, two separate bedrooms, two bathrooms and a terrace. The apartment also has a storage room of 4.3 sq m.
The building is brick, with an elevator and gated territory, offering an underground parking space, infrared underfloor heating and air conditioning. There is a year-round operating SPA center with pools and saunas.
The location is close to university, shops, restaurants and green areas, providing conveniences for permanent residence or vacation.
The property is suitable for people seeking a balance between comfort and proximity to the sea with the possibility to personalise the interior.
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.
The asking price has fallen by 25,000 € (9.1%) since it was first listed.
Pros and cons
AI summaryPros
- sea view panorama
- underground parking space
- infrared underfloor heating
- gated territory
Cons
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
Questions for the viewing
Only on imotesaDerived from this specific property's data — not a generic checklist. Take them with you.
Is there still room to negotiate?
Because: The price has been cut once, by about 9%.
Is there a lift in the building, and what condition is it in?
Because: The property is on floor 5 and the listing does not mention a lift.
Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.
Layout
- entrance hall
- living room
- bedroom
- bedroom
- bathroom
- bathroom
- terrace
- storage room
Details
- Category
- Residential
- Rooms
- 3
- Bathrooms
- 2
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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