+60% above market
median 1,870 €/m² for comparable properties
315,000 € 3,000 €/m²
Rent covers ~ 67% of the payment
~ 932 €/mo rent · you top up ~ 466 €/mo
Sale220,000 €2,391 €/m²
Expected rent932 € /mo
~48,000 € ABOVE MARKET
overpriced
against the median for 3-room apartments in Alen Mak (123 properties)
Area
92 m²
Floor
2 / 3
Construction
Brick
Year
2009
Yield analysis
Fair investment rating
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.
Property analysis
This apartment is priced about 48,000 € above the typical price (the median) for 3-room apartments in Alen Mak (123 properties) — 2,391 €/m² against 1,870 €/m².
Three-room apartment in the city of Varna, m-t Alen mak, located on the second of three floors.
The layout includes a corridor, living room with kitchen area, two bedrooms, bathroom with toilet and two terraces, providing functional and convenient use of the space.
The property was built in 2009 with brick construction and has improvements, including furnishings and Bosch appliances. There is parking, video surveillance and access control.
The location is close to the Free University and offers easy access to urban infrastructure while being near nature.
The property is suitable both for permanent residence and investment, thanks to the good layout and amenities.
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.
Pros and cons
AI summaryPros
- functional layout
- two terraces
- parking
- quality appliances
Cons
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
Layout
- corridor
- living room
- master bedroom
- children's bedroom
Amenities
- With Parking
- Video Surveillance
- Access Control
- Renovated
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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