+82% 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 €1,673 €/m²
Expected rent1,713 € /mo
~132,000 € BELOW MARKET
good value
against the median for houses in Alen Mak (107 properties)
Area
251 m²
Land Area
640 m²
Construction
Brick
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 132,000 € below the typical price (the median) for houses in Alen Mak (107 properties) — 1,673 €/m² against 2,199 €/m².
House with a total built-up area of 251 sq m, located in the area of Alen mak, Varna city. The property is two-storey with a basement and a habitable attic space.
The layout includes a living room with dining area and kitchen section, three bedrooms each with separate bathrooms and terraces on the second floor, as well as an additional two bedrooms and a lounge in the attic. The house has two garages, one with a heated connection to the residence.
The construction is brick, with PVC windows and maintained common areas. The property has water supply, a well, hydrophore, and septic tank, with the possibility to connect to the sewer system.
The 640 sq m yard is landscaped with fruit trees and vineyards, and the property is situated on a quiet street close to nature.
Suitable for families seeking a spacious home with amenities and tranquility outside the city centre.
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
- functional layout
- two garages
- habitable attic space
- large yard
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 area
- kitchen section
- toilet
- bedroom
- bedroom
- bedroom
- bathroom
- toilet
- lounge
- bedroom
- bathroom
- toilet
Details
- Category
- Residential
- Bathrooms
- 5
- Furnishing
- Yes
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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