median 2,035 €/m² for comparable properties
Rent covers ~ 125% of the payment
~ 661 €/mo rent · pays for itself in ~ 15 yrs
~37,500 € ABOVE MARKET
overpriced
against the median for apartments in k.k. Chayka (266 properties)
Strong investment rating
The rent covers 160% 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.
This apartment is priced about 37,500 € above the typical price (the median) for apartments in k.k. Chayka (266 properties) — 3,054 €/m² against 2,035 €/m².
Studio apartment with an area of 37 sq m, located on the ground floor in Chaika resort, Varna city.
The layout is compact and functional, suitable for one person or a couple, with fully furnished and equipped interior.
The building is brick, new, with an elevator and renovated common areas; the property is part of a gated complex with video surveillance and access control.
The location is close to the beach, university, and amenities such as shops and transport connections, providing convenience for year-round living or short-term rentals.
The property is suitable for those seeking a functional home in a secured environment with additional amenities like a pool and spa area.
With 20% down over 20 years the monthly mortgage payment is about 501 €, against an expected local rent of 800 €. The rent covers the whole payment (160%).
The exact address hasn't been published by the seller — the map shows the neighbourhood.
median 2,035 €/m² for comparable properties
Rent covers ~ 125% of the payment
~ 661 €/mo rent · pays for itself in ~ 15 yrs
median 2,035 €/m² for comparable properties
Rent covers ~ 99% of the payment
~ 661 €/mo rent · you top up ~ 5 €/mo
median 2,035 €/m² for comparable properties
Rent covers ~ 74% of the payment
~ 856 €/mo rent · you top up ~ 302 €/mo
median 2,035 €/m² for comparable properties
Rent covers ~ 55% of the payment
~ 800 €/mo rent · you top up ~ 664 €/mo
median 2,035 €/m² for comparable properties
Rent covers ~ 109% of the payment
~ 856 €/mo rent · pays for itself in ~ 17 yrs
median 2,035 €/m² for comparable properties
Rent covers ~ 78% of the payment
~ 661 €/mo rent · you top up ~ 182 €/mo
median 2,035 €/m² for comparable properties
Rent covers ~ 215% of the payment
~ 800 €/mo rent · pays for itself in ~ 9 yrs
median 2,035 €/m² for comparable properties
Rent covers ~ 130% of the payment
~ 800 €/mo rent · pays for itself in ~ 14 yrs