Sale

Four-room apartment with sea view in Alen Mak, Varna

VarnaAlen Mak
Published: 20 August 2026 Updated: 24 September 2026
Sale250,000 €1,366 €/m²
Expected rent1,940 € /mo

~50,500 € BELOW MARKET

good value

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

Area
183 m²
Floor
3 / 3
Construction
Brick
Year
2008

Yield analysis

Strong investment rating

9.3% / yr
Monthly payment1,109 €20% down payment · 20 yrs · 3%
Expected rent1,940 €at market conditions for the neighbourhood

The rent covers 175% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 11 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.

Price history

1 change since listing▼ 9.1% · 25,000 €
  1. 275,000 €20 August 2026Initial price
  2. 250,000 €▼ 25,000 € (9.1%) 3 September 2026Price reducedCurrent

Property analysis

This apartment is priced about 50,500 € below the typical price (the median) for 4-room apartments in Alen Mak (23 properties) — 1,358 €/m² against 1,642 €/m².

4-room apartment in Alen Mak, Varna, located on the top floor of a brick building from 2008 with a total area of 183 sq m and a private yard.

The layout includes a spacious living room with kitchenette, three bedrooms, two bathrooms with toilets, a storage room, and several terraces with sea views. It is possible to create a separate kitchen with dining area.

The building was renovated two years ago, is maintained, and offers amenities such as parking spaces, access control, and a swimming pool. The apartment has been renovated and furnished, ready to move in.

The location is close to VSU and Kabakum beach, providing access to the seaside and green areas.

The property is suitable both for permanent residence and as a holiday home or investment.

With 20% down over 20 years the monthly mortgage payment is about 1,109 €, against an expected local rent of 1,940 €. The rent covers the whole payment (175%).

The asking price has fallen by 25,000 € (9.1%) since it was first listed.

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

Pros and cons

AI summary
Pros
  • sea view
  • spacious terraces
  • private yard
  • parking spaces
Cons
  • top floor

Questions for the viewing

Only on imotesa

Derived from this specific property's data — not a generic checklist. Take them with you.

  1. Why is this priced below comparable properties? Is there anything that could affect the sale?

    Because: The price per m² is about 17% below the average for comparable properties.

  2. Is there still room to negotiate?

    Because: The price has been cut once, by about 9%.

  3. What condition is the roof in, and does it overheat in summer?

    Because: The property is on the top floor.

  4. Is there enough daylight during the day?

    Because: The advertised exposure has no southern side.

Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.

Layout

  • living room
  • bedroom
  • bedroom
  • bedroom
  • bathroom
  • bathroom
  • storage room
  • corridor

Amenities

  • With Parking
  • Access Control

Exposure

AI summary
EEast

Morning sun, cooler afternoons

WWest

Afternoon and evening sun

Details

Category
Residential
Rooms
4
Bathrooms
2

Approximate location

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

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