median 2,191 €/m² for comparable properties
Rent covers ~ 124% of the payment
~ 1,762 €/mo rent · pays for itself in ~ 15 yrs
~76,500 € BELOW MARKET
good value
against the median for houses in Alen Mak (106 properties)
Fair investment rating
The rent covers 98% of the payment — you top up about 38 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 19 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 76,500 € below the typical price (the median) for houses in Alen Mak (106 properties) — 1,843 €/m² against 2,191 €/m².
The house is located in m-t Alen mak, Varna city, within a gated complex with controlled access. The property has a built-up area of 220 sq m and a private yard of 450 sq m, including two parking spaces.
The layout includes a spacious living area with a kitchenette and covered veranda on the first floor, as well as three bedrooms, two bathrooms, and a terrace on the second floor. Additionally, there is a roof terrace with sea views.
The construction is brick, using high-quality materials and contemporary architecture, with the property offered finished to BDS standards and an option for turnkey completion. The complex provides tranquility and security through low-rise buildings and controlled access.
The location offers a combination of proximity to nature and convenient access to Varna city center, as well as Kabakum beach and main road arteries. This makes the property suitable both for permanent residence and as a holiday home.
The property represents a balanced solution for those seeking space, functionality, and sea views close to the city.
With 20% down over 20 years the monthly mortgage payment is about 1,800 €, against an expected local rent of 1,762 €. The rent covers 98% of it.
This property is advertised in 2 offers, all from the same agency. The gap between the cheapest and the dearest is 19,400 €. It has been listed for 12 days.
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 2,191 €/m² for comparable properties
Rent covers ~ 124% of the payment
~ 1,762 €/mo rent · pays for itself in ~ 15 yrs
median 2,191 €/m² for comparable properties
Rent covers ~ 181% of the payment
~ 1,762 €/mo rent · pays for itself in ~ 10 yrs
median 2,191 €/m² for comparable properties
Rent covers ~ 181% of the payment
~ 1,762 €/mo rent · pays for itself in ~ 10 yrs
median 2,191 €/m² for comparable properties
Rent covers ~ 48% of the payment
~ 1,762 €/mo rent · you top up ~ 1,898 €/mo
median 2,191 €/m² for comparable properties
Rent covers ~ 88% of the payment
~ 1,762 €/mo rent · you top up ~ 235 €/mo
median 2,191 €/m² for comparable properties
Rent covers ~ 181% of the payment
~ 1,762 €/mo rent · pays for itself in ~ 10 yrs
median 2,191 €/m² for comparable properties
Rent covers ~ 24% of the payment
~ 1,762 €/mo rent · you top up ~ 5,559 €/mo
median 2,191 €/m² for comparable properties
Rent covers ~ 88% of the payment
~ 1,762 €/mo rent · you top up ~ 235 €/mo