+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
Sale169,900 €2,831 €/m²
Expected rent815 € /mo
AT MARKET LEVEL
fairly priced
against the median for 3-room apartments in Chaika (79 properties)
Area
60 m²
Floor
4 / 8
Construction
Panel
Year
1970
Yield analysis
Fair investment rating
Monthly payment754 €20% down payment · 20 yrs · 3%
Expected rent815 €at market conditions for the neighbourhood
The rent covers 108% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 17 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 at the typical price (the median) for 3-room apartments in Chaika (79 properties) — 2,831 €/m² against 2,854 €/m².
Three-room apartment in Varna city, Chaika district, located on the fourth floor of an eight-storey prefab panel building.
The layout includes one bedroom, living room, kitchen, bathroom with toilet, walk-in closet, two hallways and a balcony with south aspect, providing good lighting and warmth.
The building was constructed in 1970, with prefab panel structure and has an elevator; the apartment has new double-glazed windows and an adjacent basement storage room of 2.65 sq m.
The location is close to the Sea Garden, Chaika market, kindergarten and school, offering conveniences for daily life.
The property is suitable for people seeking a functional residential option near nature and urban infrastructure.
With 20% down over 20 years the monthly mortgage payment is about 754 €, against an expected local rent of 815 €. The rent covers the whole payment (108%).
Pros and cons
AI summaryPros
- south aspect
- functional layout
- elevator
- close to Sea Garden
Cons
- prefab panel construction
- small-sized apartment
Questions for the viewing
Only on imotesaDerived from this specific property's data — not a generic checklist. Take them with you.
Has the block been insulated under the renovation programme, and is there paperwork for it?
Because: Prefabricated panel construction.
Have the risers been replaced, and when was the roof last repaired?
Because: The building dates from 1970 — about 56 years old.
Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.
Layout
- room
- living room
- kitchen
- bathroom
- hallway
- hallway
- balcony
Amenities
- Elevator
Exposure
AI summarySSouth
Maximum sunlight throughout the day
Details
- Category
- Residential
- Rooms
- 3
- Bathrooms
- 1
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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