median 1,975 €/m² for comparable properties
Rent covers ~ 69% of the payment
~ 691 €/mo rent · you top up ~ 307 €/mo
AT MARKET LEVEL
fairly priced
against the median for 3-room apartments in Chaika (79 properties)
Fair investment rating
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.
This apartment is priced at the typical price (the median) for 3-room apartments in Chaika (79 properties) — 2,759 €/m² against 2,854 €/m².
The offered property is a three-room apartment with an area of 67 sq m, located in the Chaika district, Varna. The layout includes a spacious living room, a separate bedroom, a separate kitchen, bathroom, toilet, corridor, and terrace. The apartment is on the 5th floor of 6 in a prefab panel building with an elevator and controlled access. The building was constructed in 1980, and the apartment has been renovated and maintained. The location is close to the Sea Garden, shops, schools, and transport connections, providing convenience for living and investment. The property is suitable for family use or rental given its functional layout and location.
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.
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
Derived 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.
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