 Chaykovskoye Urban Settlement borders with Yelovsky District in the north, Vankovsky Rural Settlement in the northeast, Fokinsky and Bolshe-Bukorsky Rural Settlements in the east, Olkhovsky Rural Settlement in the south, and with Votkinsky District of the Udmurt Republic in the west.It was founded in 1955 as a settlement serving the construction of Votkinsk's hydroelectric power station.The village of Saygatka, known since 1646, used to occupy the place where Chaykovsky now stands.