+31% above market
median 1,975 €/m² for comparable properties
225,000 € 2,586 €/m²
Rent covers ~ 69% of the payment
~ 692 €/mo rent · you top up ~ 306 €/mo
Sale290,000 €4,461 €/m²
Expected rent810 € /mo
~104,500 € ABOVE MARKET
overpriced
against the median for 3-room apartments in Chaika (79 properties)
Area
65 m²
Floor
6 / 6
Construction
Panel
Yield analysis
Low investment rating
Monthly payment1,287 €20% down payment · 20 yrs · 3%
Expected rent810 €at market conditions for the neighbourhood
The rent covers 63% of the payment — you top up about 477 €/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 104,500 € above the typical price (the median) for 3-room apartments in Chaika (79 properties) — 4,461 €/m² against 2,854 €/m².
Three-room apartment with an area of 65 sq m, located in Chayka district, Varna. The apartment is on the top 6th floor of a prefab panel building with an elevator and controlled access. The layout includes an entrance hall, bright living room with kitchen area, two bedrooms, and a bathroom with toilet. The property has undergone full renovation with replaced electrical and plumbing installations, modern flooring, and stylish interior. It is situated in a preferred area with convenient access to the Sea Garden, schools, shops, and public transport. Suitable both for living and as an investment with rental potential.
With 20% down over 20 years the monthly mortgage payment is about 1,287 €, against an expected local rent of 810 €. The rent covers 63% of it.
Pros and cons
AI summaryPros
- functional layout
- renovated interior
- elevator
- controlled access
Cons
- top floor
- prefab panel construction
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.
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 room
- bedroom
- bedroom
Amenities
- Elevator
- Access Control
Details
- Category
- Residential
- Rooms
- 3
- Bathrooms
- 1
- Furnishing
- Yes
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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