Sale

Three-room apartment with two terraces in Chayka district, Varna

VarnaChaika
Published: 2 June 2026 Updated: 30 September 2026
Sale210,000 €2,500 €/m²
Expected rent633 € /mo

~28,000 € ABOVE MARKET

overpriced

against the median for 3-room apartments in Chaika (100 properties)

Area
84 m²
Floor
5 / 5
Construction
Brick
Year
1970

Yield analysis

Low investment rating

3.6% / yr
Monthly payment932 €20% down payment · 20 yrs · 3%
Expected rent633 €at market conditions for the neighbourhood

The rent covers 68% of the payment — you top up about 299 €/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.

Price history

2 changes since listing▼ 19.2% · 50,000 €
  1. 260,000 €2 June 2026Initial price
  2. 251,900 €▼ 8,100 € (3.1%) 14 July 2026Price reduced
  3. 210,000 €▼ 41,900 € (16.6%) 1 August 2026Price reducedCurrent

Property analysis

This apartment is priced about 28,000 € above the typical price (the median) for 3-room apartments in Chaika (100 properties) — 2,625 €/m² against 2,169 €/m².

Three-room apartment with an area of 84 sq m, located in Chayka district, Varna. The property is on the 5th floor of a brick building from 1970 with an elevator. The layout includes an entrance hall, living area with living room, dining room and kitchen, two bedrooms, bathroom, separate toilet and two terraces, one of which is glazed. The apartment is in good condition with replaced PVC windows, natural parquet flooring and air conditioners. The building is maintained with controlled access and convenient parking. The location is close to the Sea Garden, public transport, schools and kindergartens, in a green area. The property is suitable for family living with conveniences and good functionality.

With 20% down over 20 years the monthly mortgage payment is about 932 €, against an expected local rent of 633 €. The rent covers 68% of it.

This property is advertised in 2 offers, all from the same agency. All offers are at the same price. It has been listed for 122 days. The asking price has fallen by 50,000 € (19.2%) since it was first listed.

Source: Market statistics for 3-room apartments in Chaika

Pros and cons

AI summary
Pros
  • functional layout
  • southern aspect
  • elevator
  • close to park
Cons
  • top floor

Questions for the viewing

Only on imotesa

Derived from this specific property's data — not a generic checklist. Take them with you.

  1. Is there still room to negotiate, and why has it not sold yet?

    Because: The price has been cut 2 times — about 19% below the original asking price.

  2. Who am I negotiating with, and who is authorised to agree a price?

    Because: The property appears in 2 listings at the same price.

  3. Have the risers been replaced, and when was the roof last repaired?

    Because: The building dates from 1970 — about 56 years old.

  4. What condition is the roof in, and does it overheat in summer?

    Because: The property is on the top floor.

Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.

Layout

  • living area
  • bedroom
  • bedroom

Amenities

  • Elevator
  • Video Surveillance
  • Access Control

Exposure

AI summary
SSouth

Maximum sunlight throughout the day

Details

Category
Residential
Rooms
3
Bathrooms
2
Furnishing
Yes

Approximate location

The exact address hasn't been published by the seller — the map shows the neighbourhood.

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