+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
Sale229,000 €2,081 €/m²
Expected rent1,027 € /mo
Area
110 m²
Floor
4 / 5
Construction
Brick
Yield analysis
Fair investment rating
Monthly payment1,016 €20% down payment · 20 yrs · 3%
Expected rent1,027 €at market conditions for the neighbourhood
The rent covers 101% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 19 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 24% below the typical price (the median) for comparable properties — 1,846 €/m² against 2,436 €/m².
The apartment is located in the Chayka district, Varna, close to the Sea Garden. The layout includes a spacious living area, three separate rooms, a kitchen section, and sanitary facilities. The property is in a brick building on the 4th floor of 5, with parking and internet. The location is convenient, near schools, shops, and public transport. The property is suitable for family living or investment with potential for renovation.
With 20% down over 20 years the monthly mortgage payment is about 1,016 €, against an expected local rent of 1,027 €. The rent covers the whole payment (101%).
Pros and cons
AI summaryPros
- functional layout
- close to the sea
- parking
- internet
Cons
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
Questions for the viewing
Only on imotesaDerived 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 24% 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.
Layout
- living room
- room
- room
- room
- kitchen
Amenities
- With Parking
- Internet Connection
- Access Control
- Renovated
Details
- Category
- Residential
- Rooms
- 4
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
Similar properties nearby
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214,900 € 2,943 €/m²
Rent covers ~ 76% of the payment
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At market level
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At market level
median 2,854 €/m² for comparable properties
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Rent covers ~ 99% of the payment
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+44% above market
median 2,436 €/m² for comparable properties
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Rent covers ~ 63% of the payment
~ 1,027 €/mo rent · you top up ~ 610 €/mo