Sale

Two-room apartment in Chaika resort, Varna with sea view

k.k. Chayka

Published: 9 August 2026 Updated: 22 September 2026

Sale83,700 €1,494 €/m²

Expected rent661 € /mo

~30,500 € BELOW MARKET

good value

against the median for apartments in k.k. Chayka (266 properties)

Area

56 m²

Floor

1 / 5

Construction

Brick

Year

2028

Yield analysis

Strong investment rating

9.5% / yr

Monthly payment371 €20% down payment · 20 yrs · 3%

Expected rent661 €at market conditions for the neighbourhood

The rent covers 178% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 11 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.

Property analysis

This apartment is priced about 30,500 € below the typical price (the median) for apartments in k.k. Chayka (266 properties) — 1,494 €/m² against 2,035 €/m².

2-room apartment in Varna city, Chaika district, on Yanko Slavchev St. It is located on the first floor of a five-storey brick building, built in 2028.

The layout includes a living room with kitchenette, bedroom and bathroom, with a total area of 56 sq m, including a basement room and common parts. The property offers functional use of space and a sea view.

The building is new-build with quality materials and delivers the apartments according to BDS standards. The common parts are finished, there is an allocated parking space and a landscaping project around the building.

The location is close to Varna Free University and offers tranquility combined with easy access to urban infrastructure and natural areas.

Suitable for people looking for a convenient two-room apartment with sea view in a new building close to nature and educational institutions.

With 20% down over 20 years the monthly mortgage payment is about 371 €, against an expected local rent of 661 €. The rent covers the whole payment (178%).

Source: Market statistics for apartments in k.k. Chayka

Pros and cons

AI summary

Pros

functional layout
sea view
new-build
parking space

Cons

ground floor

Questions for the viewing

Only on imotesa

Derived from this specific property's data — not a generic checklist. Take them with you.

Why is this priced below comparable properties? Is there anything that could affect the sale?
Because: The price per m² is about 27% below the average for comparable properties.
Has Act 16 been issued, and what guarantees cover the common parts?
Because: The building dates from 2028.
Is there damp, is there enough daylight, and what is the noise like?
Because: The property is on the first floor.
Is there enough daylight during the day?
Because: The advertised exposure has no southern side.