+62% above market
median 2,199 €/m² for comparable properties
249,900 € 3,570 €/m²
Rent covers ~ 154% of the payment
~ 1,713 €/mo rent · pays for itself in ~ 12 yrs
Sale420,000 €2,470 €/m²
Expected rent1,713 € /mo
~46,000 € ABOVE MARKET
above market
against the median for houses in Alen Mak (107 properties)
Area
170 m²
Land Area
200 m²
Construction
Brick
Year
2025
Yield analysis
Fair investment rating
Monthly payment1,863 €20% down payment · 20 yrs · 3%
Expected rent1,713 €at market conditions for the neighbourhood
The rent covers 92% of the payment — you top up about 150 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 20 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.
Property analysis
This house is priced about 46,000 € above the typical price (the median) for houses in Alen Mak (107 properties) — 2,470 €/m² against 2,199 €/m².
House with a total floor area of 170 sq m, located in m-t Alen Mak, Varna city, in a quiet area with easy access to the beach.
The layout includes a ground floor with living room, dining room, kitchenette, toilet and utility room, as well as a second floor with three bedrooms, two bathrooms and a terrace with sea view.
The building is brick, built in 2025, to be finished according to BDS standards with district heating and built-in fireplace. The plot is 200 sq m with an English garden and two parking spaces.
The location offers tranquility and proximity to nature, about 350 m from the beach strip.
The property is suitable for family living focusing on functionality and comfort near the sea.
With 20% down over 20 years the monthly mortgage payment is about 1,863 €, against an expected local rent of 1,713 €. The rent covers 92% of it.
Pros and cons
AI summaryPros
- sea view
- functional layout
- two parking spaces
- new-build
Cons
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
Layout
- entrance hall
- living room
- dining room
- kitchenette
- toilet
- bedroom
- bedroom
- bedroom
- bathroom
- bathroom
- walk-in closet
Details
- Category
- Residential
- Bathrooms
- 3
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
Similar properties nearby
+123% above market
median 2,199 €/m² for comparable properties
1,650,000 € 4,910 €/m²
Rent covers ~ 23% of the payment
~ 1,713 €/mo rent · you top up ~ 5,608 €/mo
−24% below market
median 2,199 €/m² for comparable properties
420,000 € 1,673 €/m²
Rent covers ~ 92% of the payment
~ 1,713 €/mo rent · you top up ~ 150 €/mo
−42% below market
median 2,199 €/m² for comparable properties
390,000 € 1,274 €/m²
Rent covers ~ 99% of the payment
~ 1,713 €/mo rent · you top up ~ 17 €/mo
−24% below market
median 2,199 €/m² for comparable properties
200,000 € 1,666 €/m²
Rent covers ~ 193% of the payment
~ 1,713 €/mo rent · pays for itself in ~ 10 yrs
−41% below market
median 2,199 €/m² for comparable properties
390,000 € 1,291 €/m²
Rent covers ~ 99% of the payment
~ 1,713 €/mo rent · you top up ~ 17 €/mo
At market level
median 2,199 €/m² for comparable properties
125,220 € 2,087 €/m²
Rent covers ~ 308% of the payment
~ 1,713 €/mo rent · pays for itself in ~ 6 yrs
−12% below market
median 2,199 €/m² for comparable properties
320,000 € 1,927 €/m²
Rent covers ~ 121% of the payment
~ 1,713 €/mo rent · pays for itself in ~ 16 yrs