+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
Sale184,900 €2,844 €/m²
Expected rent815 € /mo
AT MARKET LEVEL
fairly priced
against the median for 3-room apartments in Chaika (79 properties)
Area
65 m²
Floor
5 / 6
Construction
Panel
Year
1980
Yield analysis
Fair investment rating
Monthly payment820 €20% down payment · 20 yrs · 3%
Expected rent815 €at market conditions for the neighbourhood
The rent covers 99% of the payment — you top up about 5 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 19 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) — 2,844 €/m² against 2,854 €/m².
Apartment with three separate rooms in the city of Varna, Chaika district, located on the 5th floor of 6 in a prefab panel building.
Layout: corridor, living room with access to a glazed terrace, kitchen with a second glazed terrace, bedroom, combined bathroom with toilet and laundry niche.
The building is insulated, with maintained common areas, elevator and access control. The apartment has new plumbing installations and renovated terraces.
The location offers convenient access to schools, kindergartens, shops, transport and other urban amenities.
The property is suitable for a family looking for a functional home with good infrastructure and a middle floor.
With 20% down over 20 years the monthly mortgage payment is about 820 €, against an expected local rent of 815 €. The rent covers 99% of it.
Pros and cons
AI summaryPros
- functional layout
- elevator
- insulated building
- two terraces
Cons
- prefab panel construction
- fifth floor
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 1980 — about 46 years old.
Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.
Layout
- corridor
- living room
- kitchen
- bedroom
Amenities
- Elevator
- Access Control
- Renovated
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.
Similar properties nearby
At market level
median 2,944 €/m² for comparable properties
214,900 € 2,943 €/m²
Rent covers ~ 76% of the payment
~ 720 €/mo rent · you top up ~ 233 €/mo
+42% above market
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187,500 € 4,166 €/m²
Rent covers ~ 87% of the payment
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At market level
median 2,854 €/m² for comparable properties
183,900 € 2,829 €/m²
Rent covers ~ 100% of the payment
~ 815 €/mo rent · pays for itself in ~ 19 yrs
−18% below market
median 2,854 €/m² for comparable properties
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Rent covers ~ 80% of the payment
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At market level
median 2,854 €/m² for comparable properties
184,900 € 2,844 €/m²
Rent covers ~ 99% of the payment
~ 815 €/mo rent · you top up ~ 5 €/mo
+44% above market
median 2,436 €/m² for comparable properties
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Rent covers ~ 63% of the payment
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