+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
Sale825,000 €3,055 €/m²
Expected rent1,713 € /mo
~231,500 € ABOVE MARKET
overpriced
against the median for houses in Alen Mak (107 properties)
Area
270 m²
Land Area
1,804 m²
Construction
Brick
Year
2011
Yield analysis
Low investment rating
Monthly payment3,660 €20% down payment · 20 yrs · 3%
Expected rent1,713 €at market conditions for the neighbourhood
The rent covers 47% of the payment — you top up about 1,947 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 40 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.
Price history
1 change since listing▲ 6.5% · 50,000 €
- 775,000 €
- 825,000 €▲ 50,000 € (6.5%)
Property analysis
This house is priced about 231,500 € above the typical price (the median) for houses in Alen Mak (107 properties) — 3,055 €/m² against 2,199 €/m².
The property consists of two two-storey houses with a total area of 270 sq m, located in m-t Alen mak, Varna city.
The layout includes a living room with kitchenette and dining area, three bedrooms, bathrooms, and large terraces overlooking the pool.
The construction is brick from 2011, with heating via fireplace and air conditioners, and the plot offers an outdoor pool, garage, and additional rooms such as a sauna and studio.
The location has good access via asphalt road, in a landscaped yard with fruit trees and irrigation system, providing tranquility and fresh air.
The property is suitable for people seeking a spacious family home close to nature with amenities for relaxation and entertainment.
With 20% down over 20 years the monthly mortgage payment is about 3,660 €, against an expected local rent of 1,713 €. The rent covers 47% of it.
The asking price has risen by 50,000 € (6.5%) since it was first listed.
Pros and cons
AI summaryPros
- functional layout
- pool
- garage
- landscaped 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
- kitchenette
- dining area
- toilet
- bedroom
- bedroom
- bedroom
- bathroom
- toilet
- terrace
- terrace
- garage
- summer kitchen
- sauna
- recreation room
- studio
- bathroom
- toilet
- storage room
Amenities
- With Parking
- Video Surveillance
- Access Control
Details
- Category
- Residential
- Bathrooms
- 3
- Furnishing
- Yes
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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