Sale

Two-room apartment with terrace in Chaika resort, Varna

k.k. Chayka

Published: 4 September 2026 Updated: 4 September 2026

Sale98,000 €1,272 €/m²

Expected rent661 € /mo

~58,500 € BELOW MARKET

good value

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

Area

77 m²

Floor

2 / 5

Construction

Brick

Year

2027

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 58,500 € below the typical price (the median) for apartments in k.k. Chayka (266 properties) — 1,272 €/m² against 2,035 €/m².

Two-room apartment with an area of 77 sq m, located in Varna, Chaika resort. The property is on the second floor of a five-storey new brick building completed in 2027.

The layout includes a living area with kitchen section, bedroom, bathroom with toilet, storage room, corridor, and terrace, providing convenient internal functionality.

The building is equipped with an elevator and offers parking space, internet, and access control. The construction is modern and uses quality materials.

The location is close to Varna Free University “Chernorizets Hrabar” and green areas with pedestrian paths and a playground, contributing to a peaceful urban environment.

The property is suitable for family use or as an investment for rental due to its functionality and location.

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

functional layout
southern aspect
new-build
elevator

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 38% below the average for comparable properties.
Has Act 16 been issued, and what guarantees cover the common parts?
Because: The building dates from 2027.

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