At market level
median 2,944 €/m² for comparable properties
210,000 € 3,043 €/m²
Rent covers ~ 78% of the payment
~ 723 €/mo rent · you top up ~ 209 €/mo
Sale199,900 €2,498 €/m²
Expected rent1,054 € /mo
AT MARKET LEVEL
fairly priced
against the median for 4-room apartments in Chaika (43 properties)
Area
80 m²
Floor
3 / 8
Construction
Panel
Year
1994
Yield analysis
Good investment rating
Monthly payment887 €20% down payment · 20 yrs · 3%
Expected rent1,054 €at market conditions for the neighbourhood
The rent covers 119% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 16 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 at the typical price (the median) for 4-room apartments in Chaika (43 properties) — 2,498 €/m² against 2,436 €/m².
Four separate rooms apartment in the Chaika district, Varna city. It is located on the 3rd floor of 8 in a prefab panel building from 1994.
The layout includes four separate rooms, a bathroom, a separate toilet, and a storage room, providing functional use of the space.
The building is prefab panel construction, with replaced electrical and plumbing installations, which improves the technical condition of the property.
The location is close to the Sea Garden, the Dolphinarium, and the beach strip, with convenient access to public transport along Knyaz Boris I Blvd.
The property is suitable for family living with good natural light and comfortable layout.
With 20% down over 20 years the monthly mortgage payment is about 887 €, against an expected local rent of 1,054 €. The rent covers the whole payment (119%).
Pros and cons
AI summaryPros
- functional layout
- south and north aspect
- replaced installations
- close to park
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 imotesaDerived from this specific property's data — not a generic checklist. Take them with you.
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
- room
- room
- room
- room
Exposure
AI summarySSouth
Maximum sunlight throughout the day
NNorth
Even light, cooler during summer
Details
- Category
- Residential
- Rooms
- 4
- Bathrooms
- 2
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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