No market valuation
315,000 € 3,000 €/m²
No yield data
Appears once there's enough market data
Sale255,000 €2,090 €/m²
Expected rent932 € /mo
~28,500 € ABOVE MARKET
above market
against the median for 3-room apartments in Alen Mak (122 properties)
Area
122 m²
Floor
5 / 7
Construction
Brick
Year
2024
Yield analysis
Fair investment rating
Monthly payment1,131 €20% down payment · 20 yrs · 3%
Expected rent932 €at market conditions for the neighbourhood
The rent covers 82% of the payment — you top up about 199 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 23 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 28,500 € above the typical price (the median) for 3-room apartments in Alen Mak (122 properties) — 2,090 €/m² against 1,858 €/m².
The apartment is located in the city of Varna, m-t Alen Mak, in a new gated residential complex.
The layout includes a living area with kitchen section, two bedrooms, two bathrooms with toilets, and a terrace, with all main rooms featuring infrared underfloor heating.
The building is new, built in 2024 with brick construction and offers an elevator, video surveillance, and access control.
The location is close to the sea and university, with amenities such as restaurants, shops, and transport connections nearby.
The property is suitable for permanent residence or a holiday home, combining comfort and functionality in a gated environment.
With 20% down over 20 years the monthly mortgage payment is about 1,131 €, against an expected local rent of 932 €. The rent covers 82% of it.
This property is advertised in 3 offers from 3 different sellers. The gap between the cheapest and the dearest is 15,000 €. It has been listed for 31 days.
Pros and cons
AI summaryPros
- functional layout
- sea view
- new-build
- gated complex
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.
Which price is the real one, and who am I negotiating with?
Because: The property appears in 3 listings, and the prices differ by about 6%.
Is there enough daylight, and does damp appear? What are the heating bills like?
Because: The advertised exposure faces north only.
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 area
- kitchen section
- bedroom
- bedroom
- bathroom
- bathroom
- terrace
Amenities
- Elevator
- With Parking
- Video Surveillance
- Access Control
- Security
- Renovated
- Gated Community
Exposure
AI summaryNNorth
Even light, cooler during summer
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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