−13% below market
median 1,852 €/m² for comparable properties
139,600 €1,604 €/m²
Rent covers ~ 147% of the payment
~ 910 €/mo rent · pays for itself in ~ 13 yrs
Sale220,000 €2,268 €/m²
Expected rent910 € /mo
~40,500 € ABOVE MARKET
overpriced
against the median for 3-room apartments in Alen Mak (126 properties)
Area
97 m²
Floor
5 / 5
Construction
Brick
Year
2027
Yield analysis
Fair investment rating
Monthly payment976 €20% down payment · 20 yrs · 3%
Expected rent910 €at market conditions for the neighbourhood
The rent covers 93% of the payment — you top up about 66 €/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 40,500 € above the typical price (the median) for 3-room apartments in Alen Mak (126 properties) — 2,268 €/m² against 1,852 €/m².
3-room apartment in the city of Varna, m-t Alen mak, located on the top 5th floor in a new building from 2027.
Layout: living area with kitchen section, two bedrooms, bathroom with toilet, separate toilet, laundry room, corridor and terrace.
The building is brick, with an elevator and quality construction, offering internet and access control. Parking space is available.
The location is close to Varna Free University and green areas with walking paths and a playground.
The property is suitable for family use or investment for rental due to the convenient location and functional plan.
With 20% down over 20 years the monthly mortgage payment is about 976 €, against an expected local rent of 910 €. The rent covers 93% of it.
Pros and cons
AI summaryPros
- south aspect
- new-build
- elevator
- parking space
Cons
- top floor
Questions for the viewing
Only on imotesaDerived from this specific property's data — not a generic checklist. Take them with you.
Has Act 16 been issued, and what guarantees cover the common parts?
Because: The building dates from 2027.
What condition is the roof in, and does it overheat in summer?
Because: The property is on the top floor.
Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.
Layout
- living area
- bedroom
- bedroom
- bathroom
- toilet
- laundry room
- corridor
- terrace
Amenities
- Elevator
- With Parking
- Internet Connection
- Access Control
- Renovated
Exposure
AI summarySSouth
Maximum sunlight throughout the day
Details
- Category
- Residential
- Rooms
- 3
- Bathrooms
- 2
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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