median 2,199 €/m² for comparable properties
Rent covers ~ 154% of the payment
~ 1,713 €/mo rent · pays for itself in ~ 12 yrs
~64,000 € BELOW MARKET
good value
against the median for houses in Alen Mak (107 properties)
Strong investment rating
The rent covers 193% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 10 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.
This house is priced about 64,000 € below the typical price (the median) for houses in Alen Mak (107 properties) — 1,666 €/m² against 2,199 €/m².
House in m-t Alen mak, Varna city, built in 2023 with a total area of 120 sq m and a yard of 600 sq m.
The layout includes two bedrooms with bathroom and toilet, a living room, and a large veranda, as well as a semi-basement floor with potential for additional rooms such as a tavern or spa area.
The building is constructed of brick, finished turnkey with air conditioners and sewage system, providing living conveniences.
The area offers asphalt access, proximity to the main road, public transport stop, and grocery store.
The property is suitable for family living with potential for expansion and parking for several cars.
With 20% down over 20 years the monthly mortgage payment is about 887 €, against an expected local rent of 1,713 €. The rent covers the whole payment (193%).
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
The exact address hasn't been published by the seller — the map shows the neighbourhood.
median 2,199 €/m² for comparable properties
Rent covers ~ 154% of the payment
~ 1,713 €/mo rent · pays for itself in ~ 12 yrs
median 2,199 €/m² for comparable properties
Rent covers ~ 23% of the payment
~ 1,713 €/mo rent · you top up ~ 5,608 €/mo
median 2,199 €/m² for comparable properties
Rent covers ~ 92% of the payment
~ 1,713 €/mo rent · you top up ~ 150 €/mo
median 2,199 €/m² for comparable properties
Rent covers ~ 99% of the payment
~ 1,713 €/mo rent · you top up ~ 17 €/mo
median 2,199 €/m² for comparable properties
Rent covers ~ 99% of the payment
~ 1,713 €/mo rent · you top up ~ 17 €/mo
median 2,199 €/m² for comparable properties
Rent covers ~ 308% of the payment
~ 1,713 €/mo rent · pays for itself in ~ 6 yrs
median 2,199 €/m² for comparable properties
Rent covers ~ 121% of the payment
~ 1,713 €/mo rent · pays for itself in ~ 16 yrs
median 2,199 €/m² for comparable properties
Rent covers ~ 90% of the payment
~ 1,713 €/mo rent · you top up ~ 195 €/mo