+42% above market
median 2,944 €/m² for comparable properties
187,500 € 4,166 €/m²
Rent covers ~ 87% of the payment
~ 720 €/mo rent · you top up ~ 112 €/mo
Sale259,000 €2,877 €/m²
Expected rent815 € /mo
AT MARKET LEVEL
fairly priced
against the median for 3-room apartments in Chaika (79 properties)
Area
90 m²
Floor
5 / 5
Construction
Brick
Year
1960
Yield analysis
Low investment rating
Monthly payment1,149 €20% down payment · 20 yrs · 3%
Expected rent815 €at market conditions for the neighbourhood
The rent covers 71% of the payment — you top up about 334 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 26 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.
Price history
1 change since listing▼ 0.4% · 1,000 €
- 260,000 €
- 259,000 €▼ 1,000 € (0.4%)
Property analysis
This apartment is priced at the typical price (the median) for 3-room apartments in Chaika (79 properties) — 2,877 €/m² against 2,871 €/m².
Three-room apartment in Varna city, Chaika district, close to the Sea Garden.
The layout includes a living room, dining room with kitchen, two bedrooms, two terraces (one glazed), bathroom and toilet.
The building is brick from 1960, with an elevator and well-maintained common areas, and the apartment has PVC windows and natural parquet flooring.
The location is convenient, with easy access to transport, schools, shops and green areas, about 200 m from the sea.
The property is suitable for family living with an emphasis on proximity to nature and urban infrastructure.
With 20% down over 20 years the monthly mortgage payment is about 1,149 €, against an expected local rent of 815 €. The rent covers 71% of it.
The asking price has fallen by 1,000 € (0.4%) since it was first listed.
Pros and cons
AI summaryPros
- south aspect
- two terraces
- elevator
- close to the sea
Cons
- top floor
- year of construction 1960
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 1960 — about 66 years old.
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
- corridor
- living room
- dining room
- kitchen
- bedroom
- bedroom
- bathroom
- toilet
- terrace
- terrace
- basement
Amenities
- Elevator
Exposure
AI summarySSouth
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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