+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
Sale1,300,000 €2,600 €/m²
Expected rent1,713 € /mo
~200,500 € ABOVE MARKET
above market
against the median for houses in Alen Mak (107 properties)
Area
500 m²
Land Area
1,000 m²
Construction
Brick
Year
2002
Yield analysis
Low investment rating
Monthly payment5,768 €20% down payment · 20 yrs · 3%
Expected rent1,713 €at market conditions for the neighbourhood
The rent covers 30% of the payment — you top up about 4,055 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 63 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 200,500 € above the typical price (the median) for houses in Alen Mak (107 properties) — 2,600 €/m² against 2,199 €/m².
The house is located in m-t Alen mak, Varna city, in a quiet and green area with a sea panorama.
The layout includes a basement floor with billiards and a fireplace, a first floor with living room, kitchen, sauna and large terrace, a second floor with three bedrooms and two terraces, as well as a third floor, designed as a separate apartment.
The construction is brick from 2002, with modern air conditioners, fireplaces and underfloor heating on every floor. The property has parking and access control.
The yard covers 1000 sq m, including a pool, barbecue, summer kitchen and rich landscaping with fruit trees and flowers. The location offers quiet and fresh air close to nature.
The property is suitable for family use with amenities for relaxation and the possibility of an independent apartment on the top floor.
With 20% down over 20 years the monthly mortgage payment is about 5,768 €, against an expected local rent of 1,713 €. The rent covers 30% of it.
Pros and cons
AI summaryPros
- sea view
- large yard
- pool
- separate apartment
Cons
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
Layout
- basement
- living room
- dining room
- kitchen
- toilet
- sauna
- laundry room
- hallway
- bedroom
- bedroom
- bedroom
- combined bathroom
- combined bathroom
- living room
- kitchenette
- bedroom
Amenities
- With Parking
- Access Control
Exposure
AI summarySSouth
Maximum sunlight throughout the day
NNorth
Even light, cooler during summer
Details
- Category
- Residential
- Bathrooms
- 4
- Furnishing
- Yes
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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