Sale

Three-room apartment with two terraces in Chaika resort complex, Varna

k.k. Chayka

Published: 4 May 2026 Updated: 9 September 2026

Sale156,900 €1,634 €/m²

Expected rent856 € /mo

~38,500 € BELOW MARKET

good value

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

Area

96 m²

Floor

2 / 4

Construction

Brick

Year

2027

Yield analysis

Good investment rating

6.5% / yr

Monthly payment696 €20% down payment · 20 yrs · 3%

Expected rent856 €at market conditions for the neighbourhood

The rent covers 123% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 15 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 38,500 € below the typical price (the median) for apartments in k.k. Chayka (266 properties) — 1,634 €/m² against 2,035 €/m².

3-room apartment in Varna city, Chaika district, part of a new building scheduled for construction in 2027. It has an area of 96 sq m and is located on the second floor of a four-storey building.

The layout includes a living area and two bedrooms, one bathroom with toilet, and two terraces, providing convenience and the possibility to use outdoor space.

The building is brick construction, equipped with an elevator and parking spaces, offering access control and video surveillance for security. Given the new build, modern insulation and quality materials are expected.

The location is close to the seaside and resort areas, with good transport connections to Varna city centre and available amenities such as shops and public transport stops. The area is suitable both for permanent residence and for rental purposes.

The property represents a balanced choice for those seeking a home near the sea with a functional layout and modern conveniences.

With 20% down over 20 years the monthly mortgage payment is about 696 €, against an expected local rent of 856 €. The rent covers the whole payment (123%).

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

Pros and cons

AI summary

Pros

functional layout
new build
elevator
parking space

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 20% 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.