+42% above market
median 2,944 €/m² for comparable properties
187,500 € 4,166 €/m²
Rent covers ~ 87% of the payment
~ 720 €/mo rent · you top up ~ 112 €/mo
Sale256,900 €2,676 €/m²
Expected rent720 € /mo
~25,500 € BELOW MARKET
good value
against the median for 2-room apartments in Chaika (29 properties)
Area
96 m²
Floor
5 / 5
Construction
Brick
Year
2016
Yield analysis
Low investment rating
Monthly payment1,140 €20% down payment · 20 yrs · 3%
Expected rent720 €at market conditions for the neighbourhood
The rent covers 63% of the payment — you top up about 420 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 30 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 25,500 € below the typical price (the median) for 2-room apartments in Chaika (29 properties) — 2,676 €/m² against 2,944 €/m².
The apartment is located in the city of Varna, Chaika district, in a gated complex on the first line by the sea. It features two rooms, a living area with a kitchenette, and a shared terrace. The property has been converted from a three-room to a two-room apartment, but can be restored to its original layout. The building was constructed in 2016 with brick construction and includes an elevator. The complex offers additional amenities such as a swimming pool, parking, and security. The location is close to Kabakum beach and resort areas, providing tranquility and access to the seaside. The property is suitable for year-round living or as a holiday home with good functionality and conveniences.
With 20% down over 20 years the monthly mortgage payment is about 1,140 €, against an expected local rent of 720 €. The rent covers 63% of it.
Pros and cons
AI summaryPros
- functional layout
- sea view
- new-build
- elevator
Cons
- top floor
Questions for the viewing
Only on imotesaDerived from this specific property's data — not a generic checklist. Take them with you.
What feedback have previous viewers given?
Because: We have been tracking this listing for about 253 days.
What condition is the roof in, and does it overheat in summer?
Because: The property is on the top floor.
Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.
Layout
- living area
- bedroom
- corridor
- bathroom
- toilet
Amenities
- Elevator
- Internet Connection
- Access Control
- Security
Details
- Category
- Residential
- Rooms
- 2
- Bathrooms
- 1
- Furnishing
- Yes
Location
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