+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
Sale190,000 €2,753 €/m²
Expected rent720 € /mo
~13,000 € BELOW MARKET
good value
against the median for 2-room apartments in Chaika (29 properties)
Area
69 m²
Floor
2 / 17
Construction
Brick
Yield analysis
Fair investment rating
Monthly payment843 €20% down payment · 20 yrs · 3%
Expected rent720 €at market conditions for the neighbourhood
The rent covers 85% of the payment — you top up about 123 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 22 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 about 13,000 € below the typical price (the median) for 2-room apartments in Chaika (29 properties) — 2,638 €/m² against 2,944 €/m².
Apartment with two rooms in Varna city, Chaika district, located on the second floor of a 17-storey building.
Layout includes an entrance hall, living room with kitchenette, bedroom, bathroom with toilet, storage room and terrace.
The building is new-build with brick construction, equipped with an elevator and high-quality materials such as PVC windows and a security door.
The location is close to the Sea Garden, Dolphinarium and main amenities like schools and shops, with good transport connections.
The property is suitable for personal use or investment, offering a functional layout and conveniences in a preferred area.
With 20% down over 20 years the monthly mortgage payment is about 843 €, against an expected local rent of 720 €. The rent covers 85% of it.
Pros and cons
AI summaryPros
- functional layout
- new building
- elevator
- close to Sea Garden
Cons
- office status
- finished to plaster and screed stage
Questions for the viewing
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Layout
- entrance hall /3.06 sq m/
- living room with kitchenette /26.18 sq m/
- bedroom /12.22 sq m/
- bathroom with toilet /3.59 sq m/
- storage room /0.91 sq m/
- terrace /5.34 sq m/
Amenities
- Elevator
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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