+31% above market
median 1,975 €/m² for comparable properties
225,000 € 2,586 €/m²
Rent covers ~ 69% of the payment
~ 692 €/mo rent · you top up ~ 306 €/mo
Sale390,000 €3,545 €/m²
Expected rent1,027 € /mo
~122,000 € ABOVE MARKET
overpriced
against the median for 4-room apartments in Chaika (43 properties)
Area
110 m²
Floor
7 / 7
Construction
Brick
Heating
Local Heating
Yield analysis
Low investment rating
Monthly payment1,730 €20% down payment · 20 yrs · 3%
Expected rent1,027 €at market conditions for the neighbourhood
The rent covers 59% of the payment — you top up about 703 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 32 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 122,000 € above the typical price (the median) for 4-room apartments in Chaika (43 properties) — 3,545 €/m² against 2,436 €/m².
4-room apartment in the Chaika district, Varna city, located on the top floor of a monolithic building. The property has a floor area of 110 sq m and offers a frontal sea view.
The layout includes a spacious living area with kitchen, living room and dining sections, three separate bedrooms, a separate toilet, a bathroom with toilet, and two balconies. The property also includes a basement storage room of 9 sq m.
The building is monolithic with controlled access, and the apartment features underfloor heating with a heat pump, convectors for heating and cooling, as well as an air conditioner in one of the bedrooms.
The location is close to the Sea Garden, providing convenient access to green spaces and urban amenities.
The property is suitable for families seeking a spacious home with a view and a good location in the city.
With 20% down over 20 years the monthly mortgage payment is about 1,730 €, against an expected local rent of 1,027 €. The rent covers 59% of it.
Pros and cons
AI summaryPros
- functional layout
- sea view
- underfloor heating
- controlled access
Cons
- top floor
Questions for the viewing
Only on imotesaDerived from this specific property's data — not a generic checklist. Take them with you.
What condition is the roof in, and does it overheat in summer?
Because: The property is on the top floor.
Is there a lift in the building, and what condition is it in?
Because: The property is on floor 7 and the listing does not mention a lift.
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
- bedroom
- bedroom
- bedroom
- living area
Exposure
AI summaryEEast
Morning sun, cooler afternoons
Details
- Category
- Residential
- Rooms
- 4
- 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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