No market valuation
315,000 € 3,000 €/m²
No yield data
Appears once there's enough market data
Sale159,900 €2,132 €/m²
Expected rent932 € /mo
~20,500 € ABOVE MARKET
above market
against the median for 3-room apartments in Alen Mak (122 properties)
Area
75 m²
Floor
2 / 5
Construction
Brick
Year
2012
Yield analysis
Good investment rating
Monthly payment709 €20% down payment · 20 yrs · 3%
Expected rent932 €at market conditions for the neighbourhood
The rent covers 131% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 14 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 20,500 € above the typical price (the median) for 3-room apartments in Alen Mak (122 properties) — 2,132 €/m² against 1,858 €/m².
Three-room apartment in the city of Varna, Alen mak area. The property is located on the second floor of a brick building from 2012. The layout includes an entrance hall, living area, two bedrooms, a bathroom with toilet, and two terraces with east-south aspect. The construction is brick, the building is in good condition and has basic utilities. The location is close to Varna Free University, bus stops and commercial facilities, about 10 minutes from Kabakum beach. The property is suitable for people seeking convenience and proximity to nature with easy access to urban infrastructure.
With 20% down over 20 years the monthly mortgage payment is about 709 €, against an expected local rent of 932 €. The rent covers the whole payment (131%).
Pros and cons
AI summaryPros
- functional layout
- east-south aspect
- two terraces
- brick construction
Cons
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
Layout
- bedroom
- bedroom
- living area
Exposure
AI summarySSouth
Maximum sunlight throughout the day
EEast
Morning sun, cooler afternoons
Details
- Category
- Residential
- Rooms
- 3
- Bathrooms
- 1
- Furnishing
- Yes
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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