+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
Sale390,000 €1,291 €/m²
Expected rent1,713 € /mo
~274,000 € BELOW MARKET
far below market
against the median for houses in Alen Mak (107 properties)
A price this far below the market usually has a reason the listing does not mention — encumbrances or an error in the ad.
Area
302 m²
Land Area
240 m²
Construction
Brick
Year
2026
Yield analysis
Fair investment rating
Monthly payment1,730 €20% down payment · 20 yrs · 3%
Expected rent1,713 €at market conditions for the neighbourhood
The rent covers 99% of the payment — you top up about 17 €/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.
Property analysis
This house is priced about 274,000 € below the typical price (the median) for houses in Alen Mak (107 properties) — 1,291 €/m² against 2,199 €/m². A price this far below the market usually has a reason the listing does not mention — encumbrances or an error in the ad.
House with a total area of 302 sq m, located in the quiet and green area of m-t Alen Mak near Varna.
The layout includes a spacious living room with kitchen and dining area on the first floor, two bedrooms with bathrooms on the second, and a large bedroom with bathroom on the third floor, providing convenience and functionality.
The construction is brick, with the property delivered according to BDS standards, allowing for finishing according to personal preferences; two parking spaces are included.
The location offers tranquility and fresh air, while also providing quick access to the center of Varna and the resort areas.
Suitable both for year-round living and as a holiday home in nature with a sea view.
With 20% down over 20 years the monthly mortgage payment is about 1,730 €, against an expected local rent of 1,713 €. The rent covers 99% 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
- living room
- bedroom
- bedroom
- bedroom
Amenities
- With Parking
Exposure
AI summaryNNorth
Even light, cooler during summer
Details
- Category
- Residential
- Bathrooms
- 3
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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