Sale−22% под пазара

Three-room apartment with two terraces in Chaika, Varna

VarnaChaika

Published: 5 June 2026 Updated: 9 August 2026

Sale230,000 €2,300 €/m²

Expected rent823 € /mo

Area

100 m²

Floor

3 / 6

Construction

Brick

Year

1970

Yield analysis

Fair investment rating

4.3% / yr

Monthly payment1,020 €20% down payment · 20 yrs · 3%

Expected rent823 €at market conditions for the neighbourhood

The rent covers 81% of the payment — you top up about 197 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 23 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.

Listing summary

AI summary

Three-room apartment in the Chaika district, Varna city, about 100 meters from the Sea Garden. It is located on the third floor of a six-storey brick building with an elevator.

The layout includes a living room with access to a terrace, kitchen with a separate terrace, bedroom, bathroom with toilet, and corridor. The total area including terraces is about 80 sq m, and the basement is 10 sq m.

The building dates from 1970, brick construction, and the apartment needs full renovation. There is an elevator and a usage permit.

Chaika district is well-organized and developed, with convenient connections to the city center and resort complexes, close to kindergartens, schools, hospital, and shops.

The property is suitable for living or renting out, combining a convenient location with investment potential through renovation.

Pros and cons

Pros

close to the sea
two terraces
elevator
brick construction

Cons

needs renovation

Questions for the 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 22% below the average for comparable properties.
What is the scope of the work, and are there hidden problems with the wiring or plumbing?
Because: The listing states that the property needs renovation.
Have the risers been replaced, and when was the roof last repaired?
Because: The building dates from 1970 — about 56 years old.