Sale

Two-room apartment with south aspect in Chaika, Varna

VarnaChaika
Published: 2 June 2026 Updated: 29 September 2026
Sale159,900 €3,198 €/m²
Expected rent798 € /mo

~21,000 € ABOVE MARKET

above market

against the median for apartments in Chaika (152 properties)

Area
50 m²
Floor
3 / 8
Construction
Panel
Year
1980

Yield analysis

Fair investment rating

6% / yr
Monthly payment709 €20% down payment · 20 yrs · 3%
Expected rent798 €at market conditions for the neighbourhood

The rent covers 112% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 17 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.

Price history

5 changes since listing▼ 4.3% · 7,100 €
  1. 167,000 €2 June 2026Initial price
  2. 167,000 €▲ 0 € (0%) 9 June 2026Price increased
  3. 164,000 €▼ 3,000 € (1.8%) 7 July 2026Price reduced
  4. 164,000 €▲ 0 € (0%) 13 August 2026Price increased
  5. 159,900 €▼ 4,100 € (2.5%) 29 September 2026Price reduced
  6. 159,900 €▲ 0 € (0%) 29 September 2026Price increasedCurrent

Property analysis

This apartment is priced about 21,000 € above the typical price (the median) for apartments in Chaika (152 properties) — 3,198 €/m² against 2,782 €/m².

The offered property is a two-room apartment with an area of 50 sq m, located in the Chaika district, Varna. The layout includes two rooms with a functional arrangement and a south aspect, providing natural light throughout the day. The apartment is in a prefab panel block from 1980, on the third floor of eight with an available elevator. The location is convenient, close to the Sea Garden and the sea, with access to all city amenities. The property is suitable for living or investment, combining comfort and a good location.

With 20% down over 20 years the monthly mortgage payment is about 709 €, against an expected local rent of 798 €. The rent covers the whole payment (112%).

This property is advertised in 2 offers, all from the same agency. All offers are at the same price. It has been listed for 123 days. The asking price has fallen by 7,100 € (4.3%) since it was first listed.

Source: Market statistics for apartments in Chaika

Pros and cons

AI summary
Pros
  • south aspect
  • elevator
  • close to park
  • functional layout
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.

  1. Is there still room to negotiate, and why has it not sold yet?

    Because: The price has been cut 2 times — about 4% below the original asking price.

  2. Who am I negotiating with, and who is authorised to agree a price?

    Because: The property appears in 2 listings at the same price.

  3. Has the block been insulated under the renovation programme, and is there paperwork for it?

    Because: Prefabricated panel construction.

  4. Have the risers been replaced, and when was the roof last repaired?

    Because: The building dates from 1980 — about 46 years old.

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

Layout

  • bedroom
  • living room

Amenities

  • Elevator

Exposure

AI summary
SSouth

Maximum sunlight throughout the day

Details

Category
Residential
Rooms
2
Furnishing
Yes

Approximate location

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

Similar properties nearby