+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
Sale280,000 €3,733 €/m²
Expected rent815 € /mo
~66,000 € ABOVE MARKET
overpriced
against the median for 3-room apartments in Chaika (79 properties)
Area
75 m²
Floor
5 / 15
Construction
Brick
Year
1970
Yield analysis
Low investment rating
Monthly payment1,242 €20% down payment · 20 yrs · 3%
Expected rent815 €at market conditions for the neighbourhood
The rent covers 66% of the payment — you top up about 427 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 29 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 66,000 € above the typical price (the median) for 3-room apartments in Chaika (79 properties) — 3,733 €/m² against 2,854 €/m².
Three-room apartment in Varna city, Chaika district, near the Kurortna Polyclinic. The property is located on the 5th floor of a 15-storey brick building with an elevator.
The layout includes three rooms with a total area of 75 sq m, with a living area excluding walls of 57.15 sq m. The apartment faces south - southeast and offers a view of the Sea Garden and Galata Cape.
The building was constructed in 1970, and the apartment underwent a full renovation in 2025, including replacement of electrical and plumbing installations, triple-glazed window frames, and new flooring. Air conditioning is provided by three hyper-inverter units.
The location is close to the Sea Garden and local amenities, providing easy access to urban infrastructure.
The property is suitable for those seeking a functional and renovated apartment with a good location and view, combining comfort and practicality.
With 20% down over 20 years the monthly mortgage payment is about 1,242 €, against an expected local rent of 815 €. The rent covers 66% of it.
Pros and cons
AI summaryPros
- south aspect
- elevator
- sea view
- full renovation
Cons
- 5th floor
- older building
Questions for the viewing
Only on imotesaDerived from this specific property's data — not a generic checklist. Take them with you.
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
- bedroom
- bedroom
- living room
Amenities
- Elevator
- With Parking
Exposure
AI summarySSouth
Maximum sunlight throughout the day
Details
- Category
- Residential
- Rooms
- 3
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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