Sale

Four-room apartment with three terraces in Chayka district, Varna

VarnaChaika
Published: 9 February 2026 Updated: 1 October 2026
Sale259,000 €2,420 €/m²
Expected rent1,027 € /mo

AT MARKET LEVEL

fairly priced

against the median for 4-room apartments in Chaika (43 properties)

Area
107 m²
Floor
5 / 12
Construction
Panel
Year
1970

Yield analysis

Fair investment rating

4.8% / yr
Monthly payment1,149 €20% down payment · 20 yrs · 3%
Expected rent1,027 €at market conditions for the neighbourhood

The rent covers 89% of the payment — you top up about 122 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 21 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 at the typical price (the median) for 4-room apartments in Chaika (43 properties) — 2,420 €/m² against 2,436 €/m².

The presented apartment with an area of 107 sq m is located in Chayka district, one of the preferred areas of Varna, known for its green environment and convenient access to the city centre and the Sea Garden. The property is situated on the 5th floor in a prefab panel building from 1970 with an elevator and east aspect, providing natural light for most of the day. The layout includes four separate rooms, three terraces, and an adjacent basement, offering additional storage space. The apartment is in need of full renovation, allowing for customization according to the future owner's needs. The location is convenient with proximity to schools, kindergarten, supermarkets, and transport connections, contributing to comfortable urban living.

With 20% down over 20 years the monthly mortgage payment is about 1,149 €, against an expected local rent of 1,027 €. The rent covers 89% of it.

Source: Market statistics for 4-room apartments in Chaika

Pros and cons

AI summary
Pros
  • four separate rooms
  • east aspect
  • three terraces
  • close to green areas
Cons
  • in need of full renovation

Questions for the viewing

Only on imotesa

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

  1. What feedback have previous viewers given?

    Because: We have been tracking this listing for about 235 days.

  2. Has the block been insulated under the renovation programme, and is there paperwork for it?

    Because: Prefabricated panel construction.

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

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

  4. Is there enough daylight during the day?

    Because: The advertised exposure has no southern side.

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

Layout

  • living room
  • kitchen
  • bedroom
  • bedroom
  • bathroom
  • toilet
  • storage room
  • hallway
  • terrace
  • terrace
  • terrace
  • basement

Amenities

  • Elevator

Exposure

AI summary
EEast

Morning sun, cooler afternoons

Details

Category
Residential
Rooms
4
Bathrooms
1

Approximate location

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

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