Sale

3-room apartment in Chaika, Varna with two terraces

VarnaChaika

Published: 1 September 2026 Updated: 1 September 2026

Sale275,000 €3,437 €/m²

Expected rent831 € /mo

~36,000 € ABOVE MARKET

above market

against the median for 3-room apartments in Chaika (89 properties)

Area

80 m²

Floor

3 / 6

Construction

Panel

Year

1970

Yield analysis

Low investment rating

3.6% / yr

Monthly payment1,220 €20% down payment · 20 yrs · 3%

Expected rent831 €at market conditions for the neighbourhood

The rent covers 68% of the payment — you top up about 389 €/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 36,000 € above the typical price (the median) for 3-room apartments in Chaika (89 properties) — 3,437 €/m² against 2,989 €/m².

3-room apartment in the Chaika district, Varna city, located on the third floor of a six-storey prefab panel building. The total area is 80 sq m and includes two terraces and a basement.

The layout is functional with a living area and kitchen section, three bedrooms, one of which has a walk-in closet, as well as a bathroom with toilet. The aspect is southeast/northwest, providing good natural light.

The building is prefab panel from 1970, maintained and equipped with an elevator. The apartment has undergone full renovation with new plumbing and electrical installations, German PVC windows and quality flooring.

Chaika district offers convenient infrastructure with proximity to schools, kindergartens, shops and green areas, as well as good public transport.

The property is suitable for family use with a balanced combination of functionality and comfort in a preferred area of Varna.

With 20% down over 20 years the monthly mortgage payment is about 1,220 €, against an expected local rent of 831 €. The rent covers 68% of it.

Source: Market statistics for 3-room apartments in Chaika

Pros and cons

AI summary

Pros

functional layout
two terraces
elevator
new installations

Cons

prefab panel construction
middle floor

Questions for the viewing

Only on imotesa

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 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.