Sale

Two-room apartment with terrace in Chaika resort, Varna

k.k. Chayka

Published: 7 October 2025 Updated: 25 September 2026

Sale92,700 €1,571 €/m²

Expected rent661 € /mo

~27,500 € BELOW MARKET

good value

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

Area

59 m²

Floor

2 / 8

Construction

Brick

Year

2008

Yield analysis

Strong investment rating

8.6% / yr

Monthly payment411 €20% down payment · 20 yrs · 3%

Expected rent661 €at market conditions for the neighbourhood

The rent covers 161% 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 27,500 € below the typical price (the median) for apartments in k.k. Chayka (266 properties) — 1,571 €/m² against 2,035 €/m².

2-room apartment in Chaika resort, Varna city, with an area of 59 sq m and west aspect on the second floor of an eight-storey building.
The layout includes a living area, bedroom, corridor, combined bathroom and terrace for relaxation.
The building was constructed in 2008 with brick construction and features an elevator and parking space. The apartment is furnished and equipped for immediate use.
The complex is located near the sea coast and Riviera Park, providing controlled access and common amenities such as a swimming pool and barbecue area.
It is suitable both for year-round living and short-term rentals, thanks to its location and functionality.

With 20% down over 20 years the monthly mortgage payment is about 411 €, against an expected local rent of 661 €. The rent covers the whole payment (161%).

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

Pros and cons

AI summary

Pros

functional layout
terrace
elevator
parking space

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.

Why is this priced below comparable properties? Is there anything that could affect the sale?
Because: The price per m² is about 23% below the average for comparable properties.
What feedback have previous viewers given?
Because: We have been tracking this listing for about 360 days.
Is there enough daylight during the day?
Because: The advertised exposure has no southern side.