Sale

Two-room apartment in Chaika with enclosed terrace in Varna

VarnaChaika
Published: 2 October 2026 Updated: 2 October 2026
Sale187,500 €4,166 €/m²
Expected rent720 € /mo

~55,000 € ABOVE MARKET

overpriced

against the median for 2-room apartments in Chaika (29 properties)

Area
45 m²
Floor
1 / 8
Construction
Brick

Yield analysis

Fair investment rating

4.6% / yr
Monthly payment832 €20% down payment · 20 yrs · 3%
Expected rent720 €at market conditions for the neighbourhood

The rent covers 87% of the payment — you top up about 112 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 22 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 55,000 € above the typical price (the median) for 2-room apartments in Chaika (29 properties) — 4,166 €/m² against 2,944 €/m².

Two-room apartment in the Chaika district, Varna, located on the first floor of an eight-storey brick building. The layout includes a living room with kitchen, bedroom, and an enclosed glazed terrace, which increases the functional area. The property has been renovated with a new bathroom, modern kitchen, and air conditioners in every room, providing comfort. The building is brick, and the area is green and quiet, about 5 minutes from the Sea Garden with good infrastructure and transport. Suitable for living or investment due to the convenient location and condition.

With 20% down over 20 years the monthly mortgage payment is about 832 €, against an expected local rent of 720 €. The rent covers 87% of it.

Source: Market statistics for 2-room apartments in Chaika

Pros and cons

AI summary
Pros
  • functional layout
  • enclosed terrace
  • new renovation
  • close to park
Cons
  • ground floor

Questions for the viewing

Only on imotesa

Derived from this specific property's data — not a generic checklist. Take them with you.

  1. Is there damp, is there enough daylight, and what is the noise like?

    Because: The property is on the first floor.

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

Details

Category
Residential
Rooms
2
Bathrooms
1
Furnishing
Yes

Approximate location

The exact address hasn't been published by the seller — the map shows the neighbourhood.

Similar properties nearby