median 1,975 €/m² for comparable properties
Rent covers ~ 69% of the payment
~ 691 €/mo rent · you top up ~ 307 €/mo
~86,000 € 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.
Strong investment rating
The rent covers 191% 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.
This apartment is priced about 86,000 € below the typical price (the median) for 2-room apartments in Chaika (29 properties) — 1,465 €/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 Varna city, Chaika district, in a new-build from 2026. The property has a floor area of 58 sq m and features a large veranda of 24.20 sq m. The layout includes an entrance hall, living room with kitchenette, bedroom, and bathroom with toilet. The building is brick, with PVC windows and an external armored door, offered in a BDS finish level. There is an elevator and intercom system available, and the price includes an open parking space. The location is close to Kabakum beach and well-known resorts, with convenient access to a university, hospital, and sports complex. The property is suitable for year-round living or investment with income potential.
With 20% down over 20 years the monthly mortgage payment is about 377 €, against an expected local rent of 720 €. The rent covers the whole payment (191%).
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
Derived from this specific property's data — not a generic checklist. Take them with you.
Why is this priced below comparable properties? Is there anything that could affect the sale?
Because: The price per m² is about 50% below the average for comparable properties.
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.
The exact address hasn't been published by the seller — the map shows the neighbourhood.
median 1,975 €/m² for comparable properties
Rent covers ~ 69% of the payment
~ 691 €/mo rent · you top up ~ 307 €/mo
median 2,944 €/m² for comparable properties
Rent covers ~ 76% of the payment
~ 720 €/mo rent · you top up ~ 233 €/mo
median 2,944 €/m² for comparable properties
Rent covers ~ 87% of the payment
~ 720 €/mo rent · you top up ~ 112 €/mo
median 2,944 €/m² for comparable properties
Rent covers ~ 137% of the payment
~ 720 €/mo rent · pays for itself in ~ 14 yrs
median 2,854 €/m² for comparable properties
Rent covers ~ 100% of the payment
~ 815 €/mo rent · pays for itself in ~ 19 yrs
median 2,854 €/m² for comparable properties
Rent covers ~ 80% of the payment
~ 815 €/mo rent · you top up ~ 201 €/mo
median 2,854 €/m² for comparable properties
Rent covers ~ 99% of the payment
~ 815 €/mo rent · you top up ~ 5 €/mo
median 2,436 €/m² for comparable properties
Rent covers ~ 63% of the payment
~ 1,027 €/mo rent · you top up ~ 610 €/mo