No market valuation
315,000 € 3,000 €/m²
No yield data
Appears once there's enough market data
Sale199,990 €1,333 €/m²
Expected rent1,940 € /mo
~46,500 € BELOW MARKET
good value
against the median for 4-room apartments in Alen Mak (23 properties)
Area
150 m²
Floor
0 / 6
Construction
Brick
Year
2006
Yield analysis
Strong investment rating
Monthly payment887 €20% down payment · 20 yrs · 3%
Expected rent1,940 €at market conditions for the neighbourhood
The rent covers 219% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 9 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 46,500 € below the typical price (the median) for 4-room apartments in Alen Mak (23 properties) — 1,333 €/m² against 1,642 €/m².
The offered four-room apartment has a net area of 140 sq m, located on the ground floor of a monolithic building from 2006 in a gated complex with controlled access. The residence is fully renovated and furnished with high-end appliances and new flooring. The spacious living area provides direct access to the pool, and the bathroom is equipped with a jacuzzi and sauna, contributing to comfort and relaxation. The location is convenient, close to Varna Free University, Kabakum beach, shops, and transport connections. The property is suitable both for living and investment, offering a combination of functionality and amenities in a quiet area.
With 20% down over 20 years the monthly mortgage payment is about 887 €, against an expected local rent of 1,940 €. The rent covers the whole payment (219%).
Pros and cons
AI summaryPros
- gated complex
- pool and playground
- close to university
- renovated and furnished
Cons
- ground floor
Questions for the viewing
Only on imotesaDerived from this specific property's data — not a generic checklist. Take them with you.
Why is this priced below comparable properties? Is there anything that could affect the sale?
Because: The price per m² is about 19% below the average for comparable properties.
What feedback have previous viewers given?
Because: We have been tracking this listing for about 242 days.
Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.
Layout
- living area
- bedrooms
- vestibule
- kitchenette
- storage room
- bathroom
- yard
Exposure
AI summarySSouth
Maximum sunlight throughout the day
Details
- Category
- Residential
- Rooms
- 4
- 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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