Sale

Two-room apartment in Chaika, Varna with balcony in new building

VarnaChaika
Published: 8 May 2026 Updated: 9 September 2026
Sale89,900 €1,634 €/m²
Expected rent720 € /mo

~72,000 € BELOW MARKET

far below market

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

A price this far below the market usually has a reason the listing does not mention — encumbrances or an error in the ad.

Area
55 m²
Floor
3 / 5
Construction
Brick
Year
2026

Yield analysis

Strong investment rating

9.6% / yr
Monthly payment399 €20% down payment · 20 yrs · 3%
Expected rent720 €at market conditions for the neighbourhood

The rent covers 181% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 10 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.

Price history

1 change since listing▼ 0.1% · 100 €
  1. 90,000 €15 July 2026Initial price
  2. 89,900 €▼ 100 € (0.1%) 3 August 2026Price reducedCurrent

Property analysis

This apartment is priced about 72,000 € below the typical price (the median) for 2-room apartments in Chaika (29 properties) — 1,634 €/m² against 2,944 €/m². A price this far below the market usually has a reason the listing does not mention — encumbrances or an error in the ad.

The apartment is located in the city of Varna, Chaika district, in a newly constructed building. It features an entrance hall, living room with kitchen area, bedroom, bathroom with toilet, and balcony. The property is on the third floor of five, with PVC windows and an external armored door. The building is brick-built, with an elevator and intercom system, constructed using modern materials and technologies for energy efficiency. The location is close to Kabakum beach and well-known resorts, providing convenient access to nature and the sea. The property is suitable for both year-round living and for vacation or investment.

With 20% down over 20 years the monthly mortgage payment is about 399 €, against an expected local rent of 720 €. The rent covers the whole payment (181%).

The asking price has fallen by 100 € (0.1%) since it was first listed.

Source: Market statistics for 2-room apartments in Chaika

Pros and cons

AI summary
Pros
  • new-build
  • functional layout
  • balcony
  • elevator
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. Why is this priced below comparable properties? Is there anything that could affect the sale?

    Because: The price per m² is about 45% below the average for comparable properties.

  2. Has Act 16 been issued, and what guarantees cover the common parts?

    Because: The building dates from 2026.

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

Layout

  • living room with kitchen area /18.1 sq m/
  • bedroom /11.4 sq m/

Details

Category
Residential
Rooms
2
Bathrooms
1

Approximate location

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

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