Three-storey townhouse with terraces in m-t Alen mak, Varna

This house is priced about 45,000 € below the typical price (the median) for houses in Alen Mak (107 properties) — 1,927 €/m² against 2,199 €/m².

Townhouse in a gated complex in m-t Alen mak, Varna, with an area of 166 sq m and an ideal part of a shared plot.
The layout includes three floors: the first has two bedrooms with access to a small yard, sauna and bathroom; the second floor contains a living room with kitchen area, bathroom and terrace; the third floor offers two bedrooms with separate terraces, bathroom and walk-in closet.
The building is brick from 2015, with Act 16, heating via fireplace and air conditioners, new furniture and appliances. The complex features a pool, video surveillance and parking space in the inner courtyard.
The location is about 7 minutes on foot from the Black Sea coast, with convenient access to an asphalt road and a recreation area in front of the house entrance.
The property is suitable for family use in a gated community with provided amenities and maintenance.

With 20% down over 20 years the monthly mortgage payment is about 1,420 €, against an expected local rent of 1,713 €. The rent covers the whole payment (121%).

The asking price has fallen by 30,000 € (8.6%) since it was first listed.

Source: Market statistics for houses in Alen Mak