median 2,199 €/m² for comparable properties
Rent covers ~ 154% of the payment
~ 1,713 €/mo rent · pays for itself in ~ 12 yrs
~81,500 € BELOW MARKET
good value
against the median for houses in Alen Mak (107 properties)
Low investment rating
The rent covers 44% of the payment — you top up about 2,169 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 43 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 81,500 € below the typical price (the median) for houses in Alen Mak (107 properties) — 2,011 €/m² against 2,199 €/m².
House with three floors and a total living area of 435 sq m, located in m-t Alen mak, Varna. The property offers a 600 sq m landscaped yard and a garage with heated access.
The layout includes a spacious living room with a fireplace and access to a terrace and yard on the first floor, a large living room with panoramic veranda and separate kitchen on the second, as well as two bedrooms with en-suite bathrooms on the third. There is also a separate guest entrance with an additional bedroom and bathroom.
The building was constructed in 2008 from brick, with available district heating, internet, and access control. The house is renovated and maintained.
The location is close to the Free University, with easy access via asphalt road and sea view from the second floor. The surroundings are quiet, suitable for rest or year-round living.
The property is suitable for families or as a holiday home thanks to its functional layout and amenities.
With 20% down over 20 years the monthly mortgage payment is about 3,882 €, against an expected local rent of 1,713 €. The rent covers 44% of it.
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
Even light, cooler during summer
The exact address hasn't been published by the seller — the map shows the neighbourhood.
median 2,199 €/m² for comparable properties
Rent covers ~ 154% of the payment
~ 1,713 €/mo rent · pays for itself in ~ 12 yrs
median 2,199 €/m² for comparable properties
Rent covers ~ 23% of the payment
~ 1,713 €/mo rent · you top up ~ 5,608 €/mo
median 2,199 €/m² for comparable properties
Rent covers ~ 92% of the payment
~ 1,713 €/mo rent · you top up ~ 150 €/mo
median 2,199 €/m² for comparable properties
Rent covers ~ 99% of the payment
~ 1,713 €/mo rent · you top up ~ 17 €/mo
median 2,199 €/m² for comparable properties
Rent covers ~ 193% of the payment
~ 1,713 €/mo rent · pays for itself in ~ 10 yrs
median 2,199 €/m² for comparable properties
Rent covers ~ 99% of the payment
~ 1,713 €/mo rent · you top up ~ 17 €/mo
median 2,199 €/m² for comparable properties
Rent covers ~ 308% of the payment
~ 1,713 €/mo rent · pays for itself in ~ 6 yrs
median 2,199 €/m² for comparable properties
Rent covers ~ 121% of the payment
~ 1,713 €/mo rent · pays for itself in ~ 16 yrs