No market valuation
315,000 € 3,000 €/m²
No yield data
Appears once there's enough market data
Sale359,000 €2,458 €/m²
Expected rent932 € /mo
~87,500 € ABOVE MARKET
overpriced
against the median for 3-room apartments in Alen Mak (122 properties)
Area
146 m²
Floor
4 / 6
Construction
Brick
Yield analysis
Low investment rating
Monthly payment1,593 €20% down payment · 20 yrs · 3%
Expected rent932 €at market conditions for the neighbourhood
The rent covers 59% of the payment — you top up about 661 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 32 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 87,500 € above the typical price (the median) for 3-room apartments in Alen Mak (122 properties) — 2,458 €/m² against 1,858 €/m².
The offered three-room apartment is part of a newly built gated complex with controlled access and a pool, located about a 7-minute walk from Kabakum beach in Varna. The property has an area of 94 sq m and includes a living area with kitchenette, two bedrooms, a bathroom with toilet, corridor, and terrace. The construction is brick, with six-chamber PVC windows, and the aspect is east and northwest. The building is pending Act 16 issuance, with an option for installment payments. The location is suitable for both year-round living and as a holiday home or investment with potential for value growth.
With 20% down over 20 years the monthly mortgage payment is about 1,593 €, against an expected local rent of 932 €. The rent covers 59% of it.
Pros and cons
AI summaryPros
- gated complex
- near Kabakum beach
- pool in complex
- installment payment
Cons
- one bathroom
- east and northwest aspect
Questions for the viewing
Only on imotesaDerived from this specific property's data — not a generic checklist. Take them with you.
What feedback have previous viewers given?
Because: We have been tracking this listing for about 237 days.
Is there a lift in the building, and what condition is it in?
Because: The property is on floor 4 and the listing does not mention a lift.
Is there enough daylight during the day?
Because: The advertised exposure has no southern side.
Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.
Layout
- living area with kitchenette
- two bedrooms
- bathroom with toilet
- corridor
- terrace
Exposure
AI summaryEEast
Morning sun, cooler afternoons
Details
- Category
- Residential
- Rooms
- 3
- Bathrooms
- 1
Location
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