+31% above market
median 1,975 €/m² for comparable properties
225,000 € 2,586 €/m²
Rent covers ~ 69% of the payment
~ 691 €/mo rent · you top up ~ 307 €/mo
Sale149,900 €2,725 €/m²
Expected rent720 € /mo
AT MARKET LEVEL
fairly priced
against the median for 2-room apartments in Chaika (29 properties)
Area
55 m²
Floor
2 / 17
Construction
Brick
Year
2027
Yield analysis
Fair investment rating
Monthly payment665 €20% down payment · 20 yrs · 3%
Expected rent720 €at market conditions for the neighbourhood
The rent covers 108% 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.
Property analysis
This apartment is priced at the typical price (the median) for 2-room apartments in Chaika (29 properties) — 2,725 €/m² against 2,944 €/m².
Two-room apartment in the city of Varna, district Chaika, located on the second floor of a new-build building. The property has a total area of 55 sq m and includes a terrace of 5.78 sq m.
The layout includes an entrance hall, living room with kitchenette, bedroom, bathroom with toilet, and storage room, providing functional use of the space. The aspect is west.
The building is brick construction, planned to be finished according to BDS standards with PVC windows and a reinforced entrance door installed. Three elevators and two staircases are planned.
The location is close to the Sea Garden, Dolphinarium, schools and kindergartens, with convenient access to the city centre and other parts of the city.
The property is suitable both for personal use and investment, offering the option to purchase an underground parking space.
With 20% down over 20 years the monthly mortgage payment is about 665 €, against an expected local rent of 720 €. The rent covers the whole payment (108%).
Pros and cons
AI summaryPros
- functional layout
- new building
- terrace
- close to Sea Garden
Cons
- office status
- west aspect
Questions for the viewing
Only on imotesaDerived from this specific property's data — not a generic checklist. Take them with you.
Has Act 16 been issued, and what guarantees cover the common parts?
Because: The building dates from 2027.
Is there enough daylight during the day?
Because: The advertised exposure has no southern side.
Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.
Layout
- entrance hall /3.52 sq m/
- living room with kitchenette /16.31 sq m/
- bedroom /10.48 sq m/
- bathroom with toilet /3.21 sq m/
- storage room /1.47 sq m/
- terrace /5.78 sq m/
Exposure
AI summaryWWest
Afternoon and evening sun
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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