Sale

Three-room apartment in Chaika resort, Varna near the sea

k.k. Chayka

Published: 5 January 2026 Updated: 23 September 2026

Sale165,500 €1,655 €/m²

Expected rent856 € /mo

~38,000 € BELOW MARKET

good value

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

Area

100 m²

Floor

4 / 4

Construction

Brick

Year

2004

Yield analysis

Good investment rating

6.2% / yr

Monthly payment734 €20% down payment · 20 yrs · 3%

Expected rent856 €at market conditions for the neighbourhood

The rent covers 117% 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.

Property analysis

This apartment is priced about 38,000 € below the typical price (the median) for apartments in k.k. Chayka (266 properties) — 1,655 €/m² against 2,035 €/m².

Three-room apartment in the city of Varna, Chaika district, located on the top floor of a four-storey brick building from 2004.

The layout includes a spacious living room with kitchen and dining area, two separate bedrooms, and a functional bathroom with the possibility for a second toilet. The plan has no walk-through rooms and provides good lighting.

The building is brick, in good condition, with basic utilities and amenities, without special structural remarks.

The location is close to Kabakum beach and Varna Free University, with good transport connections and parking options in the area.

The property is suitable both as a family home and as an investment with rental potential.

With 20% down over 20 years the monthly mortgage payment is about 734 €, against an expected local rent of 856 €. The rent covers the whole payment (117%).

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

Pros and cons

AI summary

Pros

functional layout
close to sea
brick construction
good lighting

Cons

top floor

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 19% below the average for comparable properties.
What feedback have previous viewers given?
Because: We have been tracking this listing for about 270 days.
What condition is the roof in, and does it overheat in summer?
Because: The property is on the top floor.
Is there a lift in the building, and what condition is it in?
Because: The property is on floor 4 and the listing does not mention a lift.