+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
Sale1,650,000 €4,910 €/m²
Expected rent1,713 € /mo
~911,000 € ABOVE MARKET
overpriced
against the median for houses in Alen Mak (107 properties)
Area
336 m²
Land Area
941 m²
Floor
4 / 4
Construction
Brick
Year
2004
Yield analysis
Low investment rating
Monthly payment7,321 €20% down payment · 20 yrs · 3%
Expected rent1,713 €at market conditions for the neighbourhood
The rent covers 23% of the payment — you top up about 5,608 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 80 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 911,000 € above the typical price (the median) for houses in Alen Mak (107 properties) — 4,910 €/m² against 2,199 €/m².
House in m-t Alen mak, Varna, located on four levels with a total area of 336 sq m.
Layout includes a spacious living room with kitchen and dining area, three bedrooms, an independent apartment, and an entertainment zone in the basement.
The construction is brick with natural materials such as stone and wood, equipped with underfloor heating, air conditioning, and several fireplaces.
The location offers proximity to the sea and Kabakum beach, providing privacy and amenities such as parking for six cars.
The property is suitable for year-round living or investment, combining comfort and functionality in a quiet environment.
With 20% down over 20 years the monthly mortgage payment is about 7,321 €, against an expected local rent of 1,713 €. The rent covers 23% of it.
Pros and cons
AI summaryPros
- functional layout
- close to the sea
- pool and sauna
- parking for 6 cars
Cons
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
Layout
- living room
- dining room
- kitchen
- laundry room
- bathroom
- bedroom
- bedroom
- bedroom
- bathroom
- bathroom
- kitchen
- bedroom
- terrace
- entertainment zone
Amenities
- With Parking
- Internet Connection
- Access Control
- Renovated
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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