−11% below market
median 2,035 €/m² for comparable properties
119,600 € 1,812 €/m²
Rent covers ~ 125% of the payment
~ 661 €/mo rent · pays for itself in ~ 15 yrs
Sale168,000 €2,847 €/m²
Expected rent661 € /mo
~48,000 € ABOVE MARKET
overpriced
against the median for apartments in k.k. Chayka (266 properties)
Area
59 m²
Floor
0 / 7
Construction
Brick
Year
2017
Yield analysis
Fair investment rating
Monthly payment745 €20% down payment · 20 yrs · 3%
Expected rent661 €at market conditions for the neighbourhood
The rent covers 89% of the payment — you top up about 84 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 21 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 48,000 € above the typical price (the median) for apartments in k.k. Chayka (266 properties) — 2,847 €/m² against 2,035 €/m².
2-room apartment in Varna city, Chaika district, located on the ground floor of a residential building with an elevator.
The layout includes a corridor, living room with kitchenette, bedroom with access to a terrace, and bathroom with toilet. There is direct access from the terrace to a lawn area in front of the property.
The building is brick from 2017, maintained and with available amenities such as an elevator and air conditioning in both rooms. The flooring is carpet and terracotta tiles.
The location is close to the beach and public transport stop, in a gated complex with a pool, green areas, and recreation zone.
The property is suitable for permanent residence or a holiday home, combining convenience and proximity to the sea.
With 20% down over 20 years the monthly mortgage payment is about 745 €, against an expected local rent of 661 €. The rent covers 89% of it.
Pros and cons
AI summaryPros
- southeast aspect
- elevator
- air conditioning in rooms
- close to beach
Cons
- ground floor
- separate parking space
Layout
- corridor
- living-dining room
- kitchenette
- bedroom
- bathroom
Amenities
- Elevator
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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