+34% above market
median 2,854 €/m² for comparable properties
385,000 € 3,811 €/m²
Rent covers ~ 47% of the payment
~ 810 €/mo rent · you top up ~ 898 €/mo
Sale275,000 €4,230 €/m²
Expected rent810 € /mo
~89,500 € 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 payment1,220 €20% down payment · 20 yrs · 3%
Expected rent810 €at market conditions for the neighbourhood
The rent covers 66% of the payment — you top up about 410 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 28 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 89,500 € above the typical price (the median) for 3-room apartments in Chaika (79 properties) — 4,230 €/m² against 2,854 €/m².
Three-room apartment in the Chaika district, city of Varna, located on the top floor of a prefab panel block.
The layout includes two separate bedrooms, a spacious living room with kitchenette, and a bathroom with toilet, providing convenience and functionality.
The property has undergone a complete renovation with replaced plumbing installation, new interior doors and a reinforced entrance door, as well as external insulation and a renovated roof.
The location is close to the sea garden, offering access to green areas and recreational opportunities.
Suitable for families or individuals seeking a home with good functionality and updated infrastructure near nature.
With 20% down over 20 years the monthly mortgage payment is about 1,220 €, against an expected local rent of 810 €. The rent covers 66% of it.
Pros and cons
AI summaryPros
- complete renovation
- two bedrooms
- close to sea garden
- external insulation
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.
Is there a lift in the building, and what condition is it in?
Because: The property is on floor 6 and the listing does not mention a lift.
Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.
Layout
- bedroom
- bedroom
- living room
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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