median 1,975 €/m² for comparable properties
Rent covers ~ 69% of the payment
~ 691 €/mo rent · you top up ~ 307 €/mo
~549,000 € ABOVE MARKET
overpriced
against the median for 4-room apartments in Chaika (43 properties)
Low investment rating
The rent covers 23% of the payment — you top up about 3,388 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 81 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.
This apartment is priced about 549,000 € above the typical price (the median) for 4-room apartments in Chaika (43 properties) — 5,437 €/m² against 2,436 €/m².
This is a four-room apartment with a floor area of 183 sq m, located in the Chaika district, Varna. The property is on the 16th floor of 17 in a new brick building from 2023. The layout includes a spacious living area with panoramic windows, three separate bedrooms, and three terraces, two of which are glazed. The property has two bathrooms with toilets, an additional toilet, and a laundry/storage room. The building has an elevator and an underground parking space, equipped with video surveillance and access control. The location in Chaika offers convenient access to the centre of Varna and a sea view. The property is suitable for families seeking a spacious and functional home with modern amenities and a good location.
With 20% down over 20 years the monthly mortgage payment is about 4,415 €, against an expected local rent of 1,027 €. The rent covers 23% of it.
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
The exact address hasn't been published by the seller — the map shows the neighbourhood.
median 1,975 €/m² for comparable properties
Rent covers ~ 69% of the payment
~ 691 €/mo rent · you top up ~ 307 €/mo
median 2,944 €/m² for comparable properties
Rent covers ~ 76% of the payment
~ 720 €/mo rent · you top up ~ 233 €/mo
median 2,944 €/m² for comparable properties
Rent covers ~ 87% of the payment
~ 720 €/mo rent · you top up ~ 112 €/mo
median 2,944 €/m² for comparable properties
Rent covers ~ 137% of the payment
~ 720 €/mo rent · pays for itself in ~ 14 yrs
median 2,854 €/m² for comparable properties
Rent covers ~ 100% of the payment
~ 815 €/mo rent · pays for itself in ~ 19 yrs
median 2,854 €/m² for comparable properties
Rent covers ~ 80% of the payment
~ 815 €/mo rent · you top up ~ 201 €/mo
median 2,854 €/m² for comparable properties
Rent covers ~ 99% of the payment
~ 815 €/mo rent · you top up ~ 5 €/mo
median 2,436 €/m² for comparable properties
Rent covers ~ 63% of the payment
~ 1,027 €/mo rent · you top up ~ 610 €/mo