Sale

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

VarnaAlen Mak
Published: 20 July 2026 Updated: 8 September 2026
Sale115,000 €1,352 €/m²
Expected rent932 € /mo

~43,000 € BELOW MARKET

good value

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

Area
85 m²
Floor
5 / 6
Construction
Brick
Year
2010

Yield analysis

Strong investment rating

9.7% / yr
Monthly payment510 €20% down payment · 20 yrs · 3%
Expected rent932 €at market conditions for the neighbourhood

The rent covers 183% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 10 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▲ 4.5% · 5,000 €
  1. 110,000 €20 July 2026Initial price
  2. 115,000 €▲ 5,000 € (4.5%) 9 August 2026Price increasedCurrent

Property analysis

This apartment is priced about 43,000 € below the typical price (the median) for 3-room apartments in Alen Mak (122 properties) — 1,352 €/m² against 1,858 €/m².

Three-room apartment with an area of 85 sq m, located in m-t Alen mak, k.k. Chaika, Varna. The property is on the 5th floor of 6 in a building from 2010 with an elevator and a gated complex with a pool.

The layout includes a spacious living room with kitchenette and terrace with partial sea view, two bedrooms with access to a second terrace, and a bathroom with toilet. The interior space is functional and suitable for family use.

The building is brick, with PVC windows, granite tile flooring, and air conditioning in all rooms. The complex offers security and an inner courtyard with a pool, which contributes to the convenience of the residents.

The location is quiet and peaceful, close to Kabakum beach and with good infrastructure including shops and restaurants, providing easy access to daily services.

The property is suitable both for permanent residence and as a holiday home or investment, thanks to its functionality and location.

With 20% down over 20 years the monthly mortgage payment is about 510 €, against an expected local rent of 932 €. The rent covers the whole payment (183%).

The asking price has risen by 5,000 € (4.5%) since it was first listed.

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

Pros and cons

AI summary
Pros
  • gated complex
  • elevator
  • two terraces
  • partial sea view
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. What changed since the listing went up — a renovation, paperwork, something else?

    Because: The price is about 5% higher than when it was first advertised.

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

    Because: The price per m² is about 27% below the average for comparable properties.

  3. 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 room
  • bedroom
  • bedroom

Amenities

  • Elevator
  • Gated Community

Exposure

AI summary
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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