Sale

Two-room apartment with south aspect in Chaika, Varna

VarnaChaika
Published: 8 June 2026 Updated: 29 September 2026
Sale159,900 €3,198 €/m²
Expected rent720 € /mo

AT MARKET LEVEL

fairly priced

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

Area
50 m²
Floor
3 / 8
Construction
Panel
Year
1970

Yield analysis

Fair investment rating

5.4% / yr
Monthly payment709 €20% down payment · 20 yrs · 3%
Expected rent720 €at market conditions for the neighbourhood

The rent covers 101% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 19 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.

Price history

2 changes since listing▼ 4.3% · 7,100 €
  1. 167,000 €8 June 2026Initial price
  2. 164,000 €▼ 3,000 € (1.8%) 17 August 2026Price reduced
  3. 159,900 €▼ 4,100 € (2.5%) 29 September 2026Price reducedCurrent

Property analysis

This apartment is priced at the typical price (the median) for 2-room apartments in Chaika (29 properties) — 3,198 €/m² against 2,944 €/m².

Two-room apartment in the Chaika district, Varna, located on the third floor of a prefab panel building from 1970 with an elevator. The property has an area of 50 sq m and includes a corridor, kitchen with an enclosed terrace, spacious bedroom with an enclosed terrace, and bathroom with toilet. The layout is functional, with bright and warm rooms thanks to the south aspect. The building is prefab panel with well-maintained common areas and access control. Chaika district offers convenient infrastructure close to schools, kindergartens, shops, sports facilities, the Sea Garden and the beach promenade. The property is suitable both for personal use and as an investment with income potential. Overall, the apartment combines convenience and functionality in a preferred area of Varna.

With 20% down over 20 years the monthly mortgage payment is about 709 €, against an expected local rent of 720 €. The rent covers the whole payment (101%).

The asking price has fallen by 7,100 € (4.3%) since it was first listed.

Source: Market statistics for 2-room apartments in Chaika

Pros and cons

AI summary
Pros
  • south aspect
  • functional layout
  • elevator
  • good location
Cons
  • prefab panel construction

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

    Because: Prefabricated panel construction.

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

    Because: The building dates from 1970 — about 56 years old.

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

Layout

  • corridor
  • kitchen
  • bedroom
  • bathroom

Exposure

AI summary
SSouth

Maximum sunlight throughout the day

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.

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