Sale

Four-room apartment with three terraces in Chayka district, Varna

VarnaChaika
Published: 8 February 2026 Updated: 17 August 2026
Sale229,990 €2,874 €/m²
Expected rent1,027 € /mo

~35,000 € ABOVE MARKET

above market

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

Area
80 m²
Floor
4 / 8
Construction
Panel

Yield analysis

Fair investment rating

5.4% / yr
Monthly payment1,020 €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.

Price history

1 change since listing▼ 3% · 7,010 €
  1. 237,000 €8 February 2026Initial price
  2. 229,990 €▼ 7,010 € (3%) 30 July 2026Price reducedCurrent

Property analysis

This apartment is priced about 35,000 € above the typical price (the median) for 4-room apartments in Chaika (43 properties) — 2,874 €/m² against 2,436 €/m².

The offered apartment is located in the Chayka district of Varna, on the fourth floor of a prefab panel building. The 80 sq m dwelling is functionally laid out and offers three separate terraces, providing additional space and natural light. It features a spacious living room, a convenient kitchen with large windows, a children's room and a master bedroom, a bathroom with toilet, a storage room, and an entrance hall. The location is quiet and green, with easy access to the Sea Garden, educational institutions, sports facilities, and commercial outlets. There are free parking spaces around the building. The apartment is ready to move in, making it suitable both as a family home and as an investment.

With 20% down over 20 years the monthly mortgage payment is about 1,020 €, against an expected local rent of 1,027 €. The rent covers the whole payment (101%).

The asking price has fallen by 7,010 € (3%) since it was first listed.

Source: Market statistics for 4-room apartments in Chaika

Pros and cons

AI summary
Pros
  • functional layout
  • quiet green area
  • close to Sea Garden
  • three terraces
Cons
  • prefab panel construction

Questions for the viewing

Only on imotesa

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

  1. What feedback have previous viewers given?

    Because: We have been tracking this listing for about 236 days.

  2. Is there still room to negotiate?

    Because: The price has been cut once, by about 3%.

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

    Because: Prefabricated panel construction.

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

Layout

  • living room
  • kitchen
  • children's room
  • master bedroom
  • bathroom
  • storage room
  • entrance hall

Amenities

  • Elevator

Exposure

AI summary
SSouth

Maximum sunlight throughout the day

Details

Category
Residential
Rooms
4
Bathrooms
1

Approximate location

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

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