Sale

Three-room apartment with three terraces in Chaika, Varna

VarnaChaika

Published: 2 September 2026 Updated: 2 September 2026

Sale228,990 €2,336 €/m²

Expected rent831 € /mo

~64,000 € BELOW MARKET

good value

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

Area

98 m²

Floor

4 / 5

Construction

Brick

Year

1994

Yield analysis

Fair investment rating

4.4% / yr

Monthly payment1,016 €20% down payment · 20 yrs · 3%

Expected rent831 €at market conditions for the neighbourhood

The rent covers 82% of the payment — you top up about 185 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 23 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 64,000 € below the typical price (the median) for 3-room apartments in Chaika (89 properties) — 2,336 €/m² against 2,989 €/m².

Apartment with three rooms in the Chaika district of Varna, close to Fratelli restaurant and the Sea Garden.

Layout: kitchen, dining room, living room, two bedrooms, bathroom, separate toilet and three terraces, with the possibility to combine the rooms.

The building is brick from 1994, with maintained common areas and an available parking space; the property needs renovation and offers natural parquet flooring in all rooms.

The location is convenient, close to schools, kindergartens, shops and transport, as well as the Sea Garden and the beach.

Suitable for family living or investment due to its functionality and location.

With 20% down over 20 years the monthly mortgage payment is about 1,016 €, against an expected local rent of 831 €. The rent covers 82% of it.

Source: Market statistics for 3-room apartments in Chaika

Pros and cons

AI summary

Pros

functional layout
three terraces
natural parquet
parking space

Cons

needs renovation

Questions for the viewing

Only on imotesa

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

Why is this priced below comparable properties? Is there anything that could affect the sale?
Because: The price per m² is about 22% below the average for comparable properties.
Is there a lift in the building, and what condition is it in?
Because: The property is on floor 4 and the listing does not mention a lift.

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