median 1,975 €/m² for comparable properties
Rent covers ~ 69% of the payment
~ 691 €/mo rent · you top up ~ 307 €/mo
~52,000 € ABOVE MARKET
above market
against the median for 3-room apartments in Chaika (79 properties)
Low investment rating
The rent covers 50% of the payment — you top up about 822 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 38 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 52,000 € above the typical price (the median) for 3-room apartments in Chaika (79 properties) — 3,324 €/m² against 2,854 €/m².
The apartment is located in the city of Varna, Chaika district, in the Viva 4 complex. It has an area of 111 sq m and is on the 5th floor of 6 in a brick building from 2010. The layout includes a large living area with kitchen, dining, and lounge sections, two bedrooms, a bathroom with toilet, a separate toilet, a laundry room, and a shared terrace with panoramic views. The property faces southeast, providing good natural light. The building has an elevator, access control, and video surveillance, and heating is provided by a multi-split air conditioning system. The location is well connected, close to public transport, schools, kindergartens, and hypermarkets, as well as about 10 minutes from the Sea Garden. The property is suitable for family living with conveniences and a functional layout.
With 20% down over 20 years the monthly mortgage payment is about 1,637 €, against an expected local rent of 815 €. The rent covers 50% 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