Sale

4-bedroom apartment in Varna, Chaika

VarnaChaika
Published: 9 June 2026 Updated: 3 August 2026
Sale229,000 €1,832 €/m²
Expected rent815 € /mo

~128,000 € BELOW MARKET

good value

against the median for 3-room apartments in Chaika (79 properties)

Area
125 m²
Floor
4 / 5
Construction
Brick
Year
1960

Yield analysis

Fair investment rating

4.3% / yr
Monthly payment1,016 €20% down payment · 20 yrs · 3%
Expected rent815 €at market conditions for the neighbourhood

The rent covers 80% of the payment — you top up about 201 €/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 128,000 € below the typical price (the median) for 3-room apartments in Chaika (79 properties) — 1,832 €/m² against 2,854 €/m².

With 20% down over 20 years the monthly mortgage payment is about 1,016 €, against an expected local rent of 815 €. The rent covers 80% of it.

This property is advertised in 3 offers, all from the same agency. All offers are at the same price. It has been listed for 115 days.

Source: Market statistics for 3-room apartments in Chaika

Questions for the viewing

Only on imotesa

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

  1. Why is this priced below comparable properties? Is there anything that could affect the sale?

    Because: The price per m² is about 36% below the average for comparable properties.

  2. Who am I negotiating with, and who is authorised to agree a price?

    Because: The property appears in 3 listings at the same price.

  3. What is the scope of the work, and are there hidden problems with the wiring or plumbing?

    Because: The listing states that the property needs renovation.

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

    Because: The building dates from 1960 — about 66 years old.

  5. 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.

Amenities

  • Needs Renovation

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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