Sale

One-room apartment in Gretska mahala, Varna with modern interior

VarnaGrycka Mahala
Published: 1 May 2026 Updated: 10 September 2026
Sale85,000 €3,863 €/m²
Expected rent422 € /mo

~13,000 € ABOVE MARKET

above market

against the median for apartments in Grycka Mahala (128 properties)

Area
22 m²
Floor
1 / 5
Construction
Brick
Year
1960

Yield analysis

Fair investment rating

6% / yr
Monthly payment377 €20% down payment · 20 yrs · 3%
Expected rent422 €at market conditions for the neighbourhood

The rent covers 112% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 17 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.

Price history

11 changes since listing▼ 5.5% · 4,900 €
  1. 89,900 €5 May 2026Initial price
  2. 89,900 €▲ 0 € (0%) 1 June 2026Price increased
  3. 89,900 €▲ 0 € (0%) 6 June 2026Price increased
  4. 89,900 €▲ 0 € (0%) 1 July 2026Price increased
  5. 89,900 €▲ 0 € (0%) 6 July 2026Price increased
  6. 85,000 €▼ 4,900 € (5.5%) 3 August 2026Price reduced
  7. 85,000 €▲ 0 € (0%) 7 September 2026Price increased
  8. 85,000 €▲ 0 € (0%) 7 September 2026Price increased
  9. 85,000 €▲ 0 € (0%) 8 September 2026Price increased
  10. 85,000 €▲ 0 € (0%) 9 September 2026Price increased
  11. 85,000 €▲ 0 € (0%) 9 September 2026Price increased
  12. 85,000 €▲ 0 € (0%) 10 September 2026Price increasedCurrent

Property analysis

This apartment is priced about 13,000 € above the typical price (the median) for apartments in Grycka Mahala (128 properties) — 3,863 €/m² against 3,272 €/m².

One-room apartment in Varna, Gretska mahala district, located on the first floor of a five-storey brick building.

The property has a compact functional layout and modern interior, suitable for personal use or investment.

The building is brick, with secured access and video surveillance, and the apartment is furnished and equipped with internet.

The location is in the central part of the city, close to administrative and commercial facilities, transport and services.

It is suitable for people looking for a convenient urban property with the possibility of renting out or personal use.

With 20% down over 20 years the monthly mortgage payment is about 377 €, against an expected local rent of 422 €. The rent covers the whole payment (112%).

This property is advertised in 6 offers from 6 different sellers. The gap between the cheapest and the dearest is 4,900 €. It has been listed for 154 days. The asking price has fallen by 4,900 € (5.5%) since it was first listed.

Source: Market statistics for apartments in Grycka Mahala

Pros and cons

AI summary
Pros
  • functional layout
  • modern interior
  • central location
  • ready to move in
Cons
  • ground floor

Questions for the viewing

Only on imotesa

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

  1. Which price is the real one, and who am I negotiating with?

    Because: The property appears in 6 listings, and the prices differ by about 5%.

  2. Is there still room to negotiate?

    Because: The price has been cut once, by about 5%.

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

    Because: The building dates from 1960 — about 66 years old.

  4. Is there damp, is there enough daylight, and what is the noise like?

    Because: The property is on the first floor.

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

Layout

  • one-room

Amenities

  • Internet Connection
  • Active Business
  • Video Surveillance
  • Access Control
  • Tax Credit Option
  • Renovated

Details

Category
Residential
Rooms
1
Bathrooms
1
Furnishing
Yes

Approximate location

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

Similar properties nearby