Sale

House with 3 rooms and sea view in m-t Alen mak, Varna

VarnaAlen Mak
Published: 17 September 2026 Updated: 23 September 2026
Sale160,000 €2,000 €/m²
Expected rent1,713 € /mo

~16,000 € BELOW MARKET

good value

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

Area
80 m²
Land Area
580 m²
Construction
Brick

Yield analysis

Strong investment rating

12.8% / yr
Monthly payment710 €20% down payment · 20 yrs · 3%
Expected rent1,713 €at market conditions for the neighbourhood

The rent covers 241% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 8 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 16,000 € below the typical price (the median) for houses in Alen Mak (107 properties) — 2,000 €/m² against 2,199 €/m².

House with an area of 80 sq m, located in m-t Alen mak, Varna city. The property is situated on a fenced plot of 580 sq m with a sea view.

The layout includes a spacious living room with kitchen area, two bedrooms each with its own bathroom, as well as an additional bathroom with toilet. There is a large garage and parking space for two more cars.

The construction is brick, and the house needs renovation. Active electricity and water accounts are available, and the sewage system is in front of the property.

The location is close to the Free University bus stop and about 400-500 meters from Kabakum beach, providing convenient access to the sea and nature.

The property is suitable for renovation to create a family or holiday home with good functionality and a view.

With 20% down over 20 years the monthly mortgage payment is about 710 €, against an expected local rent of 1,713 €. The rent covers the whole payment (241%).

Source: Market statistics for houses in Alen Mak

Pros and cons

AI summary
Pros
  • sea view
  • fenced plot
  • large garage
  • active accounts
Cons
  • needs renovation

Layout

  • living room over 40 sq m
  • bedroom
  • bedroom

Amenities

  • Needs Renovation

Exposure

AI summary
NNorth

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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