Sale

4-room apartment in Chaika, Varna with parking space

VarnaChaika
Published: 8 May 2026 Updated: 23 July 2026
Sale254,990 €3,187 €/m²
Expected rent1,027 € /mo

~60,000 € ABOVE MARKET

overpriced

against the median for 4-room apartments in Chaika (43 properties)

Area
80 m²
Floor
3 / 8
Construction
Panel
Year
1980

Yield analysis

Fair investment rating

4.8% / yr
Monthly payment1,131 €20% down payment · 20 yrs · 3%
Expected rent1,027 €at market conditions for the neighbourhood

The rent covers 91% of the payment — you top up about 104 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 21 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 60,000 € above the typical price (the median) for 4-room apartments in Chaika (43 properties) — 3,187 €/m² against 2,436 €/m².

The apartment is located in the Chaika district, Varna. It features a functional layout of 4 rooms and a total area of 80 sq m. The property is on a middle floor in a prefab panel block with an elevator. The block was built in 1980, and the apartment has undergone major renovation with new PVC windows, updated electrical and plumbing installations, a modern bathroom, and new flooring. The location is convenient, close to a school, playground, market, and the Sea Garden. It is suitable both for family living and as a rental investment due to its good location and functionality.

With 20% down over 20 years the monthly mortgage payment is about 1,131 €, against an expected local rent of 1,027 €. The rent covers 91% of it.

Source: Market statistics for 4-room apartments in Chaika

Pros and cons

AI summary
Pros
  • functional layout
  • new-build
  • elevator
  • parking space
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 imotesa

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

  1. Has the block been insulated under the renovation programme, and is there paperwork for it?

    Because: Prefabricated panel construction.

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

    Because: The building dates from 1980 — about 46 years old.

Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.

Amenities

  • Elevator
  • With Parking

Details

Category
Residential
Rooms
4

Approximate location

The exact address hasn't been published by the seller — the map shows the neighbourhood.

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