median 2,035 €/m² for comparable properties
Rent covers ~ 125% of the payment
~ 661 €/mo rent · pays for itself in ~ 15 yrs
~78,000 € ABOVE MARKET
overpriced
against the median for apartments in k.k. Chayka (266 properties)
Low investment rating
The rent covers 64% of the payment — you top up about 475 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 29 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 78,000 € above the typical price (the median) for apartments in k.k. Chayka (266 properties) — 2,751 €/m² against 2,035 €/m².
3-room apartment in Chaika resort, Varna, located on the third floor of a six-storey building from 2019 with brick construction.
The layout includes a spacious living room, two bedrooms, a bathroom with toilet, laundry room, and two balconies that provide additional space and sea views.
The building is equipped with an elevator and offers amenities such as parking, video surveillance, and access control, with well-maintained common areas.
The location is close to the beach strip in the Chaika resort complex, offering tranquility and the opportunity for seaside relaxation.
The property is suitable both for permanent residence and as a holiday home with good functionality and amenities.
With 20% down over 20 years the monthly mortgage payment is about 1,331 €, against an expected local rent of 856 €. The rent covers 64% of it.
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
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
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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
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median 2,035 €/m² for comparable properties
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