No market valuation
315,000 € 3,000 €/m²
No yield data
Appears once there's enough market data
Sale145,000 €2,416 €/m²
Expected rent726 € /mo
~37,500 € ABOVE MARKET
overpriced
against the median for apartments in Alen Mak (299 properties)
Area
60 m²
Floor
2 / 5
Construction
Brick
Yield analysis
Good investment rating
Monthly payment643 €20% down payment · 20 yrs · 3%
Expected rent726 €at market conditions for the neighbourhood
The rent covers 113% 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.
Price history
1 change since listing▲ 7.4% · 10,000 €
- 135,000 €
- 145,000 €▲ 10,000 € (7.4%)
Property analysis
This apartment is priced about 37,500 € above the typical price (the median) for apartments in Alen Mak (299 properties) — 2,416 €/m² against 1,790 €/m².
The offered property is a two-room apartment in Varna city, m-t Alen mak area. The dwelling is located on the 2nd floor of 5 in a building with new-build construction. The layout includes a living room with kitchenette, bedroom, bathroom with toilet, and terrace. The apartment faces south, providing good natural light. The building is brick-built and features an elevator and underground parking with direct heated access to the apartment. The area is quiet, with easy access to Kabakum beach and main roads, as well as public transport. The property is suitable for those seeking convenience and proximity to nature with easy mobility.
With 20% down over 20 years the monthly mortgage payment is about 643 €, against an expected local rent of 726 €. The rent covers the whole payment (113%).
The asking price has risen by 10,000 € (7.4%) since it was first listed.
Pros and cons
AI summaryPros
- functional layout
- south aspect
- new-build
- garage / parking space
Cons
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
Questions for the viewing
Only on imotesaDerived from this specific property's data — not a generic checklist. Take them with you.
What changed since the listing went up — a renovation, paperwork, something else?
Because: The price is about 7% higher than when it was first advertised.
What feedback have previous viewers given?
Because: We have been tracking this listing for about 213 days.
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
- bathroom
Amenities
- Elevator
- With Parking
- Gated Community
Exposure
AI summarySSouth
Maximum sunlight throughout the day
Details
- Category
- Residential
- 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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