median 2,035 €/m² for comparable properties
Rent covers ~ 125% of the payment
~ 661 €/mo rent · pays for itself in ~ 15 yrs
~28,000 € BELOW MARKET
good value
against the median for apartments in k.k. Chayka (266 properties)
Good investment rating
The rent covers 149% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 13 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 about 28,000 € below the typical price (the median) for apartments in k.k. Chayka (266 properties) — 1,590 €/m² against 2,035 €/m².
Two-room apartment in a new residential building under construction, located in Chaika resort, Varna city.
The layout includes living room, bedroom, bathroom with toilet, corridor, providing functional use of the space.
The building has 6 floors, built of brick in 2023, equipped with an elevator and parking spaces, using quality materials.
The location is close to Kabakum beach, public transport stops and shops, offering daily conveniences and access to the sea.
The property is suitable for use as a holiday home or permanent residence with a good combination of comfort and location.
With 20% down over 20 years the monthly mortgage payment is about 445 €, against an expected local rent of 661 €. The rent covers the whole payment (149%).
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
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 22% below the average for comparable properties.
What feedback have previous viewers given?
Because: We have been tracking this listing for about 297 days.
Does it have its Act 16 occupancy permit, and if not, when is it expected?
Because: The building is advertised as under construction.
Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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
Rent covers ~ 99% of the payment
~ 661 €/mo rent · you top up ~ 5 €/mo
median 2,035 €/m² for comparable properties
Rent covers ~ 74% of the payment
~ 856 €/mo rent · you top up ~ 302 €/mo
median 2,035 €/m² for comparable properties
Rent covers ~ 55% of the payment
~ 800 €/mo rent · you top up ~ 664 €/mo
median 2,035 €/m² for comparable properties
Rent covers ~ 109% of the payment
~ 856 €/mo rent · pays for itself in ~ 17 yrs
median 2,035 €/m² for comparable properties
Rent covers ~ 78% of the payment
~ 661 €/mo rent · you top up ~ 182 €/mo
median 2,035 €/m² for comparable properties
Rent covers ~ 215% of the payment
~ 800 €/mo rent · pays for itself in ~ 9 yrs
median 2,035 €/m² for comparable properties
Rent covers ~ 130% of the payment
~ 800 €/mo rent · pays for itself in ~ 14 yrs