median 2,199 €/m² for comparable properties
Rent covers ~ 154% of the payment
~ 1,713 €/mo rent · pays for itself in ~ 12 yrs
~45,000 € BELOW MARKET
good value
against the median for houses in Alen Mak (107 properties)
Good investment rating
The rent covers 121% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 16 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 45,000 € below the typical price (the median) for houses in Alen Mak (107 properties) — 1,927 €/m² against 2,199 €/m².
Semi-detached house with an area of 166 sq m in a gated complex in m-t Alen mak, close to the beach and city amenities.
The layout includes three floors with a total of six bedrooms, a living area with kitchen, three bathrooms and toilets, as well as two panoramic terraces.
The building is brick, with electricity, water and sewage available, and separate utility accounts.
The complex offers a parking space and a swimming pool, with no maintenance fee, which facilitates operation.
The property is suitable for family use or as a holiday home with good functionality and amenities.
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 15,000 € (4.5%) since it was first listed.
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 ~ 193% of the payment
~ 1,713 €/mo rent · pays for itself in ~ 10 yrs
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 ~ 90% of the payment
~ 1,713 €/mo rent · you top up ~ 195 €/mo