median 2,035 €/m² for comparable properties
Rent covers ~ 125% of the payment
~ 661 €/mo rent · pays for itself in ~ 15 yrs
AT MARKET LEVEL
fairly priced
against the median for apartments in k.k. Chayka (266 properties)
Good investment rating
The rent covers 119% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 16 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 at the typical price (the median) for apartments in k.k. Chayka (266 properties) — 2,083 €/m² against 2,035 €/m².
Two-room apartment in Varna, Chaika resort, located on the second floor of a brick building from 2005. The property has an area of 60 sq m (including common parts) and includes a parking space.
The layout includes a living room with kitchenette and access to a 13 sq m terrace, bedroom, bathroom with toilet, and an adjacent basement. The aspect is southeast, providing good natural light.
The building is brick, with PVC windows and laminate and terracotta flooring. The living room has air conditioning, the walls are painted with latex paint, and the bathroom is tiled.
The location is close to Detelina Hotel and within walking distance of Kabakum beach and Varna Free University. The shared rooftop terrace offers a sea view.
The property is suitable for those seeking a home near the sea with parking convenience and a functional layout.
With 20% down over 20 years the monthly mortgage payment is about 555 €, against an expected local rent of 661 €. The rent covers the whole payment (119%).
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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
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median 2,035 €/m² for comparable properties
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median 2,035 €/m² for comparable properties
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median 2,035 €/m² for comparable properties
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median 2,035 €/m² for comparable properties
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median 2,035 €/m² for comparable properties
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median 2,035 €/m² for comparable properties
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