Sale

Three-room apartment with terrace in m-t Alen mak, Varna

VarnaAlen Mak
Published: 8 May 2026 Updated: 7 September 2026
Sale79,990 €1,159 €/m²
Expected rent547 € /mo

~40,000 € BELOW MARKET

good value

against the median for 2-room apartments in Alen Mak (121 properties)

Area
69 m²
Floor
2 / 9
Construction
Brick

Yield analysis

Strong investment rating

8.2% / yr
Monthly payment355 €20% down payment · 20 yrs · 3%
Expected rent547 €at market conditions for the neighbourhood

The rent covers 154% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 12 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.

Price history

3 changes since listing▼ 33.3% · 39,910 €
  1. 119,900 €2 June 2026Initial price
  2. 92,000 €▼ 27,900 € (23.3%) 1 July 2026Price reduced
  3. 90,000 €▼ 2,000 € (2.2%) 5 August 2026Price reduced
  4. 79,990 €▼ 10,010 € (11.1%) 7 September 2026Price reducedCurrent

Property analysis

This apartment is priced about 40,000 € below the typical price (the median) for 2-room apartments in Alen Mak (121 properties) — 1,159 €/m² against 1,740 €/m².

The offered property is a three-room apartment in the city of Varna, Alen mak area. It has an area of 69 sq m and is located on the 2nd floor of a building with 9 floors. The layout includes a kitchen, living room with the possibility of a second bedroom, bedroom, bathroom with toilet, and terrace. The apartment has a functional layout and a west aspect, providing light during the afternoon hours. The building is brick, equipped with an elevator, video surveillance, and controlled access. The property is part of a gated complex with parking, adding convenience and security. The location offers quietness, fresh air, and easy access to Kabakum and Riviera beaches. It is suitable both for permanent residence and as an investment for rental purposes. The overall characteristic of the property makes it a practical choice for people seeking comfort and tranquility by the sea.

With 20% down over 20 years the monthly mortgage payment is about 355 €, against an expected local rent of 547 €. The rent covers the whole payment (154%).

This property is advertised in 2 offers, all from the same agency. All offers are at the same price. It has been listed for 147 days. The asking price has fallen by 39,910 € (33.3%) since it was first listed.

Source: Market statistics for 2-room apartments in Alen Mak

Pros and cons

AI summary
Pros
  • functional layout
  • west aspect
  • elevator and video surveillance
  • parking and controlled access
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 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 33% below the average for comparable properties.

  2. Is there still room to negotiate, and why has it not sold yet?

    Because: The price has been cut 3 times — about 33% below the original asking price.

  3. Who am I negotiating with, and who is authorised to agree a price?

    Because: The property appears in 2 listings at the same price.

  4. 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

  • kitchen
  • living room
  • bedroom
  • bathroom

Amenities

  • Elevator
  • With Parking
  • Video Surveillance
  • Access Control
  • Gated Community

Exposure

AI summary
WWest

Afternoon and evening sun

Details

Category
Residential
Rooms
3
Bathrooms
1
Furnishing
Yes

Location

Similar properties nearby