Sale

3-bedroom apartment in Varna, Alen Mak

VarnaAlen Mak
Published: 6 July 2025 Updated: 3 September 2026
Sale220,000 €1,032 €/m²
Expected rent932 € /mo

~176,000 € BELOW MARKET

far below market

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

A price this far below the market usually has a reason the listing does not mention — encumbrances or an error in the ad.

Area
213 m²
Construction
Brick
Year
2024

Yield analysis

Fair investment rating

5.1% / yr
Monthly payment976 €20% down payment · 20 yrs · 3%
Expected rent932 €at market conditions for the neighbourhood

The rent covers 95% of the payment — you top up about 44 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 20 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▼ 20.3% · 56,000 €
  1. 276,000 €6 July 2025Initial price
  2. 220,000 €▼ 56,000 € (20.3%) 3 September 2026Price reducedCurrent

Property analysis

This apartment is priced about 176,000 € below the typical price (the median) for 3-room apartments in Alen Mak (122 properties) — 1,032 €/m² against 1,858 €/m². A price this far below the market usually has a reason the listing does not mention — encumbrances or an error in the ad.

With 20% down over 20 years the monthly mortgage payment is about 976 €, against an expected local rent of 932 €. The rent covers 95% of it.

The asking price has fallen by 56,000 € (20.3%) since it was first listed.

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

Questions for the viewing

Only on imotesa

Derived from this specific property's data — not a generic checklist. Take them with you.

  1. Why is this priced below comparable properties? Is there anything that could affect the sale?

    Because: The price per m² is about 45% below the average for comparable properties.

  2. What feedback have previous viewers given?

    Because: We have been tracking this listing for about 453 days.

  3. Is there still room to negotiate?

    Because: The price has been cut once, by about 20%.

Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.

Amenities

  • Elevator
  • Internet Connection
  • Access Control
  • Security

Details

Category
Residential
Rooms
3
Bathrooms
2

Location

Similar properties nearby