+60% above market
median 1,870 €/m² for comparable properties
315,000 € 3,000 €/m²
Rent covers ~ 67% of the payment
~ 932 €/mo rent · you top up ~ 466 €/mo
Sale1,250,000 €4,019 €/m²
Expected rent1,940 € /mo
~739,500 € ABOVE MARKET
overpriced
against the median for 4-room apartments in Alen Mak (23 properties)
Area
311 m²
Floor
4 / 4
Construction
Brick
Year
2020
Yield analysis
Low investment rating
Monthly payment5,546 €20% down payment · 20 yrs · 3%
Expected rent1,940 €at market conditions for the neighbourhood
The rent covers 35% of the payment — you top up about 3,606 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 54 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 739,500 € above the typical price (the median) for 4-room apartments in Alen Mak (23 properties) — 4,019 €/m² against 1,642 €/m².
4-room apartment in the city of Varna, m-t Alen mak, located on the top floor of a brick building from 2020 with an elevator.
The layout includes three bedrooms, a spacious living room with kitchen area, two bathrooms, a laundry room, and a large U-shaped terrace with sea view.
The building is new, constructed with brickwork and features video surveillance and access control. Heating is underfloor in all rooms, and the property is equipped with high-quality appliances and a water purification system.
The location is quiet, close to nature and the sea, in a small boutique building with its own yard and pool.
The property is suitable for those seeking a spacious home with functional layout and direct sea panorama.
With 20% down over 20 years the monthly mortgage payment is about 5,546 €, against an expected local rent of 1,940 €. The rent covers 35% of it.
Pros and cons
AI summaryPros
- large terrace
- sea view
- new-build
- underfloor heating
Cons
- top floor
Questions for the viewing
Only on imotesaDerived from this specific property's data — not a generic checklist. Take them with you.
What condition is the roof in, and does it overheat in summer?
Because: The property is on the top floor.
Is there enough daylight, and does damp appear? What are the heating bills like?
Because: The advertised exposure faces north only.
Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.
Layout
- bedroom
- bedroom
- bedroom
- living room
Amenities
- Elevator
- Video Surveillance
- Access Control
- Tax Credit Option
Exposure
AI summaryNNorth
Even light, cooler during summer
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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