Sale

Two-storey house with sea view in m-t Alen mak, Varna

VarnaAlen Mak

Published: 9 April 2026 Updated: 2 October 2026

Sale249,900 €3,570 €/m²

Expected rent1,713 € /mo

~96,000 € ABOVE MARKET

overpriced

against the median for houses in Alen Mak (107 properties)

Area

70 m²

Land Area

1,130 m²

Floor

2 / 2

Construction

Brick

Year

1995

Yield analysis

Strong investment rating

8.2% / yr

Monthly payment1,109 €20% down payment · 20 yrs · 3%

Expected rent1,713 €at market conditions for the neighbourhood

The rent covers 154% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 12 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▼ 10.8% · 30,100 €

280,000 €9 April 2026Initial price
249,900 €▼ 30,100 € (10.8%) 2 October 2026Price reducedCurrent

Property analysis

This house is priced about 96,000 € above the typical price (the median) for houses in Alen Mak (107 properties) — 3,570 €/m² against 2,199 €/m².

House with an area of 70 sq m, located in m-t Alen mak, Varna. The property is two-storey and is situated on the second floor of two levels.

The layout includes on the first floor a kitchen, two bedrooms, living room, bathroom with toilet; second floor with two bedrooms. Both floors have a sea view.

The building was constructed in 1995 from brick, the roof was renovated two years ago. The property is registered in the cadastre and needs renovation.

The plot is over one decare with slight elevation and offers parking. The location is close to nature and offers tranquility outside the urban environment.

The property is suitable for people looking for a home with renovation potential and sea view in a quieter area outside the centre.

With 20% down over 20 years the monthly mortgage payment is about 1,109 €, against an expected local rent of 1,713 €. The rent covers the whole payment (154%).

The asking price has fallen by 30,100 € (10.8%) since it was first listed.

Source: Market statistics for houses in Alen Mak