median 1,975 €/m² for comparable properties
Rent covers ~ 69% of the payment
~ 691 €/mo rent · you top up ~ 307 €/mo
~195,500 € ABOVE MARKET
overpriced
against the median for 3-room apartments in Chaika (79 properties)
Low investment rating
The rent covers 37% of the payment — you top up about 1,381 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 51 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 195,500 € above the typical price (the median) for 3-room apartments in Chaika (79 properties) — 4,714 €/m² against 2,854 €/m².
3-room apartment in the Chaika district, Varna, located on the 12th floor of a 16-storey brick building. The property has a floor area of 105 sq m and offers panoramic views of Varna Bay and the Sea Garden.
The layout includes a spacious living area with kitchen, dining area, and lounge, which opens onto a terrace with a view. There are two large bedrooms, a luxury bathroom with toilet, and a second separate toilet, as well as an entrance corridor with built-in wardrobes.
The building is brick-built, with an elevator and parking, and the apartment has been renovated with quality materials such as Schuco aluminium windows with triple glazing and solid oak parquet. The wet rooms feature Italian Marazzi tiles.
The location is close to the Sea Garden, the beach, educational institutions, shops, and public transport, providing convenient access to the centre of Varna.
The property is suitable for those seeking a comfortable and functional home with a good location and panoramic views in an urban environment.
With 20% down over 20 years the monthly mortgage payment is about 2,196 €, against an expected local rent of 815 €. The rent covers 37% of it.
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
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