No yield data
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~120,000 € ABOVE MARKET
overpriced
against the median for 4-room apartments in Alen Mak (23 properties)
Fair investment rating
The rent covers 110% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 17 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.
This apartment is priced about 120,000 € above the typical price (the median) for 4-room apartments in Alen Mak (23 properties) — 2,347 €/m² against 1,642 €/m².
The offered four-room apartment with an area of 170 sq m is located in Alen Mak, Varna, on the third floor of a six-storey brick building. The location provides access to Riviera beach and the Zlatni Pyasatsi resort within a 10-minute walk, as well as proximity to a nature reserve with eco-trails and outdoor sports opportunities. The apartment is luxuriously furnished with quality appliances and furniture, including Daikin air conditioners, televisions, JBL sound system, and built-in Liebherr refrigerator. The layout includes a large kitchen area, three bedrooms, two bathrooms, and two terraces, with the possibility to convert into four bedrooms. The complex offers amenities such as a game room and a meeting room with an equipped kitchen. There is an option to purchase an underground parking space with a heated connection to the residences. The maintenance fee is 40 euros per month.
With 20% down over 20 years the monthly mortgage payment is about 1,770 €, against an expected local rent of 1,940 €. The rent covers the whole payment (110%).
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No yield data
Appears once there's enough market data
median 1,858 €/m² for comparable properties
Rent covers ~ 84% of the payment
~ 932 €/mo rent · you top up ~ 177 €/mo
median 1,740 €/m² for comparable properties
Rent covers ~ 113% of the payment
~ 547 €/mo rent · pays for itself in ~ 17 yrs
median 1,740 €/m² for comparable properties
Rent covers ~ 88% of the payment
~ 547 €/mo rent · you top up ~ 74 €/mo
median 1,858 €/m² for comparable properties
Rent covers ~ 82% of the payment
~ 932 €/mo rent · you top up ~ 199 €/mo
median 1,858 €/m² for comparable properties
Rent covers ~ 75% of the payment
~ 932 €/mo rent · you top up ~ 310 €/mo
median 1,790 €/m² for comparable properties
Rent covers ~ 113% of the payment
~ 726 €/mo rent · pays for itself in ~ 17 yrs
median 1,740 €/m² for comparable properties
Rent covers ~ 104% of the payment
~ 547 €/mo rent · pays for itself in ~ 18 yrs