Sale

Two-room apartment in Chaika resort, Varna with terrace

k.k. Chayka
Published: 8 September 2026 Updated: 8 September 2026
Sale98,000 €1,689 €/m²
Expected rent661 € /mo

~20,000 € BELOW MARKET

good value

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

Area
58 m²
Floor
3 / 9
Construction
Brick

Yield analysis

Strong investment rating

8.1% / yr
Monthly payment435 €20% down payment · 20 yrs · 3%
Expected rent661 €at market conditions for the neighbourhood

The rent covers 152% 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.

Property analysis

This apartment is priced about 20,000 € below the typical price (the median) for apartments in k.k. Chayka (266 properties) — 1,689 €/m² against 2,035 €/m².

2-room apartment in the gated complex 'Nikea Park', located in the Alen Mak area, Varna city.

The layout includes a living area with kitchen section, bedroom, bathroom with toilet, and terrace with a view.

The building is brick, with an elevator and provided amenities such as parking, internet, and access control.

The location offers tranquility near the sea, with easy access to university, transport, and shops.

The property is suitable for people seeking comfort and security in a gated environment close to nature and the sea.

With 20% down over 20 years the monthly mortgage payment is about 435 €, against an expected local rent of 661 €. The rent covers the whole payment (152%).

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

Pros and cons

AI summary
Pros
  • gated complex
  • elevator
  • terrace
  • parking
Cons

We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.

Questions for the viewing

Only on imotesa

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

  1. Why is this priced below comparable properties? Is there anything that could affect the sale?

    Because: The price per m² is about 17% below the average for comparable properties.

  2. Is there enough daylight during the day?

    Because: The advertised exposure has no southern side.

Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.

Layout

  • living area
  • bedroom

Amenities

  • Elevator
  • With Parking
  • Internet Connection
  • Access Control
  • Security
  • Gated Community

Exposure

AI summary
WWest

Afternoon and evening sun

Details

Category
Residential
Rooms
2
Bathrooms
1
Furnishing
Yes

Approximate location

The exact address hasn't been published by the seller — the map shows the neighbourhood.

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