median 1,975 €/m² for comparable properties
Rent covers ~ 69% of the payment
~ 691 €/mo rent · you top up ~ 307 €/mo
~544,500 € 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 544,500 € above the typical price (the median) for 4-room apartments in Chaika (43 properties) — 5,378 €/m² against 2,436 €/m².
The apartment is located in the Chaika district, Varna, in a new building from 2023 with 17 floors. The layout includes a bright living room with kitchen area, three separate bedrooms, three bathrooms, and three terraces, two of which are enclosed. The building is brick, with an elevator and underground parking spaces, equipped with video surveillance and access control. The location offers convenient access to the Sea Garden, the city center, and main amenities such as schools and shops. The property is suitable for families seeking space and functionality in an urban environment.
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