Sale

Spacious four-room apartment with sea view in Alen Mak

VarnaAlen Mak
Published: 5 January 2026 Updated: 9 September 2026
Sale399,000 €2,347 €/m²
Expected rent1,940 € /mo

~120,000 € ABOVE MARKET

overpriced

against the median for 4-room apartments in Alen Mak (23 properties)

Area
170 m²
Floor
3 / 6
Construction
Brick

Yield analysis

Fair investment rating

5.8% / yr
Monthly payment1,770 €20% down payment · 20 yrs · 3%
Expected rent1,940 €at market conditions for the neighbourhood

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.

Property analysis

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%).

Source: Market statistics for 4-room apartments in Alen Mak

Pros and cons

AI summary
Pros
  • sea and forest view
  • close to beach
  • luxurious furnishing
  • good infrastructure
Cons
  • third floor
  • maintenance fee

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Layout

  • kitchen area 46 sq m
  • bedroom
  • bedroom
  • bedroom
  • terrace
  • terrace

Amenities

  • Elevator
  • Access Control
  • Gated Community

Exposure

AI summary
SSouth

Maximum sunlight throughout the day

Details

Category
Residential
Rooms
4

Approximate location

The exact address hasn't been published by the seller — the map shows the neighbourhood.

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